Writing down allowance (WDA)

Writing down allowance (WDA),

Definition of Writing down allowance (WDA):

  1. Type of capital allowance where the cost of assets acquired in the current year is added to the written down value of the assets acquired in the previous years. The allowance is computed as a specified percentage of the total value.

Meaning of Writing down allowance (WDA) & Writing down allowance (WDA) Definition