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单词 writing down allowance
释义

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writing down allowance
writing down allowance n. British Finance and Accounting a tax allowance granted to businesses, whereby the value of new assets (such as plant, equipment, or machinery) may be added to the written-down value (written-down value n. at written adj. and n. Compounds 2b(b)) of assets acquired in previous years, and a certain percentage of the total value (representing depreciation in value of the newly acquired assets) is claimed.
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1922 Hist. Ministry of Munitions III. iii. iv. 89 In one case the committee recommended a 16⅔ per cent. higher writing-down allowance on buildings and a 13½ per cent. higher allowance on machinery.
1984 M. P. Devereux & C. P. Mayer Corporation Tax 5 The system which was introduced—one based on historic cost profits, gross of depreciation, and with a limited class of writing down allowances—is not a new one.
2015 Sunday Times 17 May (Business section) 10/7 Cars with higher emissions receive an 18% or 8% annual writing-down allowance on the cost, depending on their published emissions values.
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