Capital Allowance (CA)

Every enterprise, is given
a relief called capital allowance on qualifying capital assets,
an amount deducted from his income before taxes are applied to the balance. The
rate of the allowance vary with the varying capital asset and the time of
acquisition. It is advisable for a tax payer to take advantage of CA and reduce
his/her tax burden and maximize his/her profit

22/01/2019

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