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Hi sir,
When calculating the tax allowable for Trosoft pte Ltd, I’m not quite sure how to calculate the tax depreciation.
The answer shows tax depreciation of 540 (y1) 432 (y2 to y6) multiple by 24.5% to reach tax allowable of 132 (y1) and 106 (y2 to y6). In the question, it is stated that tax allowable depreciation on IT infrastructure is 20% for first year and straight line there after.
Could you please explain how would I get the end result?
Thank you in advance!
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