This practical course aims to revise the fundamental tax principles related to capital expenditure and focuses on a basic tax theoretical framework to apply when making decisions on:

  • How to classify the expenditure (capital or revenue in nature).
  • Whether to capitalise the expenditure or not.
  • Is the expense eligible for a capital allowance?
  • How to categorise the assets to the specified rates in order to correctly calculate and declare its tax liability.

The course also addresses the tax principles regarding leased assets and common mistakes made in practice regarding the tax accounting of leased assets, as well as key relevant capital gains tax principles to apply.

All participants will receive a training manual which contain the essential information on the key tax principles and the application thereof to practical examples that they will then have as a reference source after the training session.

After successfully completing the course, you will receive a certificate of completion (3 CPD/CPE hours).