Revision 1 Advanced Investment Appraisal

Capital allowances (or tax-allowable depreciation, or writing down allowances (WDAs) or depreciation allowances) 1.4.1 Capital allowance is used to . reduce taxable profits, and the consequent . reduction in a tax payment. should be treated as a . cash saving. from the acceptance of a project. 1.4.2 There are . two assumptions. about the . time ................
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