Reply To: Deprivation of undeclared capital.



I think Rob has a point.

You are pretty much trouble free until capital drops below the cut-off limit.

I think you then have to calculate UE and diminuation figures.

Thankfully they are discrete entities – Just calculate each without reference to the other and take both figures off the total OP.

I wonder if its mathematically possible to end up with a negative amount!

Did not see Robbox 2nd posting, risky I know but…I do not think Peter B is correct on this one – the Regulation uses the word “treat” – I do not think that there is any room for the use of actual capital in the calculation.