Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Help With Form12

  • 04-08-2015 10:46am
    #1
    Fergie101
    Registered Users, Registered Users 2 Posts: 25 ✭


    Guys

    I'm completing a form12 for rental income for 2014.

    I'm wondering if somebody has completed this form before , this is my first time and I'm looking for some guidance around the capital allowance area in Section 17 of the form.

    I've valued my capital in the house at 7000 and 12.5% of that is 875.

    I'm wondering what amount I put in in the
    "capital allowance brought forward from a prior year" &
    "Capital/Allowances used against rental income in the year 2014"

    I'm assuming I put 875 in the Capital Allowances used against rental income in the year 2014.

    What amount (if any) should I put in the Capital Allowances available for carry forward or offset?

    Sorry , I'm trying to attach a image I took of the form if you needed it for reference but I don't see an option on this forum to allow the upload of images..


Comments

  • #2
    prettyrestless
    Registered Users, Registered Users 2 Posts: 444 ✭✭prettyrestless


    Based on what you have said:

    Brought forward: 0
    Used in 2014: 875
    Available for carrying forward/offset: 0

    If you are still having difficulty, seek professional advice.


Advertisement