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Pre trading capital expenditure

Forums › ACCA Forums › ACCA TX Taxation Forums › Pre trading capital expenditure

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  • May 17, 2015 at 6:57 pm #246633
    Green Activist
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    For sole trader pre teading revenue expediture( within 7 years befor comencmnt to trade) is allowable deduction in calcilating tax adjusted trading profit, is pre trading capital expenditure also allowable?
    Anyone plz

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