In the NPV question, I was told that all 100% capital allowance of $600,000 was received in the first year of production. I hope since capital allowance is received at the end of the year so it is at Time 1.
Am I right?
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Capital Allowance
The capital allowances will all be available at time 1. When the tax saving occurs depends on whether tax is payable immediately or one year in arrears.
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