Page 5 - Capital Allowances Recoupments Part 3 (CTA)
P. 5

a 11(gC)
                                                                          • expenditure actually incurred

                                                                          • in production of income


        • Requirements?                                                   • to acquire (purchase)…



                                                                          • Invention


       • Applicable to what?                                              • Patent

                                                                          • Model

                                                                          • Copyright

                                                                          • Knowledge need for the above.




       • Exclusions?                                                      Trade mark is excluded!!!


                                                                          If expense ≤ R5 000, deduct 100%.

                                                                          If expense > R5 000, and:

       • Capital allowances?                                              Invention/patent/copyright/knowledge:

                                                                          deduction = 5% p.a., but if

                                                                          Design: deduction = 10% p.a.




       • From when?                                                                  on/after 1 January 2004
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