taxation excel

taxation excel - Taxation Tutorial Q25 Deprecitaion...

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Unformatted text preview: Taxation Tutorial Q25 Deprecitaion Allowance Year of assessment 07/08 10% 20% 30%Total $ $ $ $ WVD at 1.4.2007 1,550,000 205,000 1,580,000 Additions: Funiture Less:IA Truck Less:IA Motor Car Disposals: Furniture Truck Motor Car Less:AA WDV carried forward Add: Depreciation allowance for hire-purchase computer Depreciation allowance for hire-purchase machinery Depreciation Allowance Year of assessment 08/09 10% 20% 30%Total $ $ $ $ WVD at 1.4.2007 1,550,000 205,000 1,580,000 Additions: Furniture Less:IA Truck Less:IA Motor Car Disposals: Furniture Truck Motor Car Less:AA WDV carried forward Add: Depreciation allowance for hire-purchase computer Depreciation allowance for hire-purchase machinery 10% 20% 30%Total $ $ $ $ WDV at 1.4.2008 1,395,000 204,800 1,098,860 Add: Transferred form hire purchase machinery 428,400 1,395,000 204,800 1,527,260 Less: Insurance-375,000-125,000 Market value of car taken out for partly for private use...
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This note was uploaded on 02/23/2012 for the course BUSI 0018 taught by Professor C.ng during the Spring '11 term at HKU.

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