Bitesize Session: Capital Allowances
In recent times increased scrutiny is being placed on taxpayer affairs. The cost of a mistake may end up costing you and your company up to 200% more that you initially anticipated.
The claiming of capital allowances appears from far to be a simple calculation, but there is a number of pitfalls that need to considered. Claiming incorrect capital allowances can lead to the complete claim being disallowed and in some cases claiming the incorrect capital allowances may mean that you can forfeit a deduction where this is picked up by the revenue authorities.
It is more important than ever to make the right decisions, even though this may seem difficult. This short course is designed to equip you to apply judgement in making the correct decisions that will not expose you and your business.
Topics include the following:
- Wear and tear on moveable assets
- What is considered a moveable asset
- Building allowances and what is considered a “building” for tax purposes
- Leasehold improvements and the importance of contract wording
- Intellectual property
- Recoupment/scrapping allowances
- Repairs and maintenance vs improvements
Date: 19 May 2022
Time: 09h00 to 10h30
Venue: Virtual Session (in the comfort of your home or office)
Cost: N$ 375 (All inclusive)
PayToday is available for Business School event registration and payment. Just browse PwC on the PayToday App and select the PwC Business School for your payment.
Registrations close 17 May 2022. For logistical purposes registrations will close at 15h00.
Click here to register
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