Page 13 - F6 - Capital Allowance (Part 1)

Example

 On 15 January 2015, Mr T bought six brand new flats

in a residential building directly from the developer

at a total cost of R650 000 each. All of these

residential units were rented out, effective from 1

February 2015.

 Calculate the allowances on the flats for the year

ended February 2015.