By Admin | September 22, 2021
Do you know that there is additional capital allowance to be claimed for equipment purchased up until 31st December 2021?
The tax incentive scheme (ACA) allows 20% of initial allowance and 40% of annual allowance to be claimed for qualifying capital expenditure incurred on machinery and equipment, Information and Communication Technology (ICT) equipment.
You may refer to the slide above for the lists of ICT equipment as specified in the schedule.
If you would like to know more, please contact us via info@taxguardsadvisory.com.