by RAL on Sun Jun 26, 2011 12:57 pm
Darek
I did understand your question, but as the asset was purchased from the connected person, so I do not think you are entitled to 100%. So there is no CA of £2,650.00 Hence my previous post.
Just for the academic purpose, if you were entitled to CA of £2,650, and if you claimed full CA, then you carry forward the loss of £1,150. Or if you were to restrict your CA to profit level then you would have balance in capital allowance pool.
RAL