Page 10 - Capital Allowances Recoupments Part 1 (CTA)
P. 10
Practical questions?
- What if a TP is of the opinion that the asset has a shorter write-
off period as listed?
- What if the TP has an asset which is not listed in General
Binding Ruling: No. 7?
- What if the asset is used for more than one day-swift?
- Will the same rates apply for new and second-hand assets?
- At which residual value should assets be carried that are fully
written-off ? Why?
- What are the exclusions on small value items?
- Will foreign travelling expenses be part of “value”?
