Knowledgebase Support HMRC Useful links
Knowledgebase home
Tax Return Production
Accounts Production
Practice Management
VAT Filer
CloudConnect
Anti-Money Laundering
Support home
Hot Topics
SimpleStep Guides
Release Notes
Technical
Known Issues

HMRC Status
Useful Links
MTD for Agents MTD for Businesses What is MTD
Preparation
Agent Services Account
MTD for VAT
MTD for Income Tax
MTD for VAT
Digital Record Keeping
Quarterly Updates
Step-by-step Guide
HMRC's MTD Timeline
TaxCalc's MTD Journey

How do I write off small pools in the Capital Allowances grid?

Article ID: 1294
Last updated: 28 Jul, 2020

To write off small pools (with a balance of less than £1,000) and claim the allowance, first open the Capital Allowances grid.

SimpleStep mode

  • SA100 – Your Work > Self Employment > Short/Full Form – Details > Capital Allowances
  • SA800 – Trades or professions for (XXX) > Capital allowances for > CA – Asset Manager
  • CT600 (Version 2 form) – CT600 Short/Full > Trade and professional income > Capital Allowances > CA Wizard
  • CT600 (Version 3 form) – CT600 Core > Trade and professional income > Capital Allowances > CA Wizard

HMRC Forms mode

  • SA100
  • Short – Self Employment > Page 2 > Capital Allowances
  • Full – Self Employment > Page 3 > Capital Allowances
  • SA800 – page 3 > CA – Asset Manager
  • CT600
  • Short – CT600 > Short > Page 3 and click on the button for Add/Edit Capital Allowance Entries
  • Full – CT600 > Full > Page 6 and Click on the button for Add/Edit Capital Allowance Entries.
  • Core – CT600 Core > Page 8 and Click on the button for Add/Edit Capital Allowance Entries.

Then follow these steps:

  1. Select £1,000 or less, write off.
  2. Enter the total amount that you want to claim. 
Article ID: 1294
Last updated: 28 Jul, 2020
Revision: 11
Views: 2421
This article was:  


Also read
item How do I enter a balancing charge/allowance for a capital allowance asset that I've written off in a previous year?

Also listed in
folder Tax Return Production -> SA100 Individual Return
folder Tax Return Production -> SA800 Partnership Return
folder Tax Return Production -> CT600 Corporation Tax Return