[Ruby]

Ruby Here. I would like to attend the revision session. Thanks

[Ruby]

Please add me in. Many thanks.

[Ruby]

I just practice the Practice Question 9 Ballet(course notes). In this question, the tax for capital allowances received in Yr 1 even it said the tax paid with one year delay.

[Ruby]

Thanks so much. It helps a lot.

[Ruby]

That would be 35,000 * 30% = 10,500. Net profit drops due to the lease payment, so you pay less tax on that.

However, I do have another question. Why the tax saving on CA’S in this question starts year 1 rather than year 2? And why it is 5 years not 4 years, i thought it should be same as project life.

[Ruby]

Glad that I can draw attention to someone. I mean June 2011 Examinations Course Notes. Thanks, Please help.

[Author]

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