Page 8 - F6 - Capital Allowances - Leases

Deductions On Improvements Not Owned By

Taxpayer (S12n)

If lessee has responsibility / liability to bring

on improvements to land and buildings Lessee =

which is owned by: deemed owner
of the property

 RSA government; or AND

 Exempt semi-governmental institutions, improvements

e.g. CSIR or SA National Road Agency (S12N)

Why

necessary?
Implications of s12N:

Lessee may claim allowances e.g.: Any allowance

s12C, s13, s13quin, s13sex available to owners