Short life asset: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Expand links.) |
imported>Doug Williamson (Expand stub.) |
||
| Line 1: | Line 1: | ||
''UK Tax.'' | ''UK Tax.'' | ||
For UK capital allowances purposes, taxpayers can elect for certain assets to be treated as 'short life' assets. | |||
In this context, a short life asset is one which has an expected useful life of less than 8 years. | |||
Revision as of 12:01, 3 March 2016
UK Tax.
For UK capital allowances purposes, taxpayers can elect for certain assets to be treated as 'short life' assets.
In this context, a short life asset is one which has an expected useful life of less than 8 years.
