Understanding the key tax principles relating to fixed assets are of importance to any business. It is essential that businesses take care to identify the capital expenditure eligible for capital allowances and categorise the assets to the specified rates in order to correctly calculate and declare its tax liability.
This practical webinar-on-demand 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 expenditure incurred relating to fixed assets, for example, whether to capitalise or not, and if capitalised, which allowance to correctly apply.
The webinar-on-demand 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.
The webinar-on-demand material includes a training manual which contain the essential information on the key tax principles and the application thereof to practical examples that serves as a reference source after completing the webinar-on-demand.
After successfully completing the webinar series, you will receive a certificate of completion (4 CPD/CPE hours).