Category Archives: Cash in Pension

Writing Down Allowances and Pools

In a separate article, we looked at First Year Allowance (FYA) that typically involves allowing taxpayers to write off a percentage of the expenditure of providing a capital asset in the year it was acquired. Writing Down Allowance (WDA) is … Continue reading

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Owner of Fixtures: Elections between Lessor and Lessee

A lease can be of a building or land which is received by the lessee along with several permanent fixtures forming part of the asset. Alternatively, the lease can be an equipment lease for plant and machinery purchased by a … Continue reading

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