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PTP TP/CT - New special rate of 6% not being applied to certain car categories

Article ID
kba-03689
Article Name
PTP TP/CT - New special rate of 6% not being applied to certain car categories
Created Date
21st October 2019
Product
Problem
In both Tax Platform and CT Platform the new WDA rate of 6% for the special rate pool has not been applied to certain car categories.
Resolution

The affected asset categories are Cars > 130g/km and Cars > 160g/km.  The new rate came into effect on 01/02/2019 for limited companies and on 06/04/2019 for self employment and partnerships.  The workaround is to add the missing rows by:
1. Open the Capital Allowances data entry screen
2. Select the Allowance Rates tab
3. Click Add Rate
4. Enter the appropriate Effective from date
5. Select the relevant car category from the drop down box
6. Enter Annual Investment Allowance 0, First Year Allowance 0, Writing Down Allowance 6
7. Click Save
Alternatively the WDA being claimed may be manually edited on an asset by asset basis within the Assets tab.

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