What does WDA stand for?

Writing Down Allowance (tax; UK)

This definition appears very rarely and is found in the following Acronym Finder categories:

Military and Government
Business, finance, etc.

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Samples in periodicals archive:

Following the 2009 announcement, it was hoped that the Government might be prepared to allow such capital expenditure to qualify for the main rate of writing down allowances (WDAs) of 20 per cent, which applies in relation to general plant and machinery.

UK Budget 2010 - Energy Sector Update

If the AIA is abolished in favour of a reduction in the main rate of corporation tax to say 25% with a 20% writing down allowance given on qualifying capital expenditure, the tax relief on pounds 50,000 of expenditure would then be pounds 2,500.

Timing vital for spending plans

This qualifies it for the full first year writing down allowances.

Astra ticks all the right boxes

UK companies that purchase a Roadster benefit from a 100 percent Writing Down Allowance, meaning they can deduct the price of the car from their taxable profits.

Tesla Launches Right-Hand-Drive Roadster in London Showroom

Writing down allowances are calculated at 20 per cent per year but are restricted to an annual cap of pounds 3,000.

Car market could be hit by green tax rules; FINANCE Firms urged to ...

For companies buying these low-emission cars, there's the tax benefit of a 100% first year writing down allowance.

Hybrid Hondas to go family friendly

Such expenditure would otherwise have attracted a writing down allowance of 20% in the year.

Budget 2009 - First Year Allowance For All Businesses

He has reduced the Writing Down Allowance for everyone from 25 to 20 per cent.

BUDGET: Time to look to Europe, says Mik; Small business