Our team works hard in ensuring that our clients do not miss out on the opportunity to enhance the claim, from identifying the entitlement through to delivering the tax benefits.
Capital expenditure is money a company spends on buying or maintaining land, buildings or equipment.
Alongside other generous enhancements to the capital allowances regime announced in Budget 2021, this measure provides a powerful additional incentive for businesses to invest in these designated areas in the short to medium term.
One of these deductions is the capital allowances in Malaysia.
What Are Capital Allowances And Balancing Charges? The most common type of Benefit In Kind are: i.
Aside from the tax laws continually updating, it also has many inclusions and exclusions you have to remember.