Income Recoupment of Allowance or Expense previously granted Series
Duration: 0 hour
Price: R88.20
OUTCOMES OF TOPIC After studying this topic related to recoupment of capital asset allowances you should be able to: ✓ Define the term recoupment ✓ Use the basic recoupment formula ✓ Calculate the tax value of an ass et ✓ Identify under which circumstances a scrapping loss will arise ✓ Identify under which circumstances a scrapping loss will not be deductible
OUTCOMES OF TOPIC After studying this topic related to recoupment of capital asset allowances you should be able to: ✓ Define the term recoupment ✓ Use the basic recoupment formula ✓ Calculate the tax value of an ass et ✓ Identify under which circumstances a scrapping loss will arise ✓ Identify under which circumstances a scrapping loss will not be deductible