Page 74 - P6 Slide - Taxation - Lecture Day 1
P. 74

TAB Formulae














           l














                             NO to any                                                                  YES to ALL






                     Has expenditure been

                         incurred on/after
                          valuation date?                                                              Apply both
                                                                                                 depreciable asset



                       NO                      YES                                                       formulae






       Apply the standard                        Apply the standard TAB AND

            TAB formula                            standard proceeds formula
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