TAX QUESTIONS? YOU ASK LAH!

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Q: If a company purchases used equipment for staff welfare such as gym equipment and electrical appliances at pantry, can the company claim capital allowance on these used equipment? 

A: As long as the company can obtain a valid purchase invoice for these used equipment, the company is eligible to claim capital allowance accordingly.


Wishing you plentiful tax savings!

Zen Chow

YYC Tax Guru

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