Balancing Adjustment for Sale of Assets with some Private Use Calculator

This calculator is the ultimate tool in calculating balancing adjustments on both income and capital account when an Individual sells an asset that has some private use.

Quick, simple and easy, it has the following features:

1. It allows for the asset to be owned for up to 10 years, 
2. It allows for vehicles to have up to three different log books, 
3. It contains multiple warning messages for incorrect data entered, 
4. It automatically calculates the notional depreciation of vehicles based on the method claimed each year, ie 1/3 method, 12% method, cents per km method or log book method, and 
5. It allows you to enter hyperlinks to source documents.

Another useful tool that does all the work for you in working out the balancing adjustment on the sale of an asset held and sold by an individual with some private use.