capital allowance

Capital Allowance

Capital Allowance is used as a subsidy to for the depreciation of fixed assets. Capital allowance is given to reduce the tax payable for the capital.

SQL Capital Allowance Calculator

SQL Professional Fixed Asset Calculator Malaysia
for Capital Allowance 2024

Asset Details

Asset Category

Asset Type

Tax Allowances Rate (%)

I.A

Value Missing

A.A

Value Missing

Asset Cost

RM

Asset Cost Missing

Acquire Date

Acquire Date Missing

Hire purchase loan?

RM

Down Payment Missing

Interest (%)

Interest missing

Installment Period

Year(s)

Installment Period Missing

Asset disposal?

Diposal Amount

RM

Disposal amount Missing

Diposal Date

Disposal date Missing

Cut off by financial year

Financial Start Month

Financial Start Month Missing

Year of Assessment	Qualifying Expenditure			Tax Written Down Value			Capital Allowance				Tax Written Down Value C/F
Year of Assessment	B/F	Additional	C/F	B/F	Additional	Total	I.A Rate (%)	I.A	A.A Rate (%)	A.A	Tax Written Down Value C/F

Year of Assessment	Qualifying Expenditure	Tax Written Down B/F	Additional	I.A	A.A	Tax Written Down C/F

Introduction Video

Share This Page

Related Posts

Capital Allowance

Capital Allowance is used as a subsidy to for the depreciation of fixed assets. Capital allowance is given to reduce the tax payable for the capital.

What is CP38 - SQL Payroll

Capital Allowance Guides

Capital allowance claim allows businesses to offset tax liabilities by deducting eligible capital expenditures from their taxable income.

What is Hire Purchase Loan?

A hire purchase loan is a type of monthly instalment plan you can use to purchase an asset, which will require the buyer to make an initial down payme...

Other Popular Posts

best accounting software in malaysia - SQL Account

Which Accounting Software Is The Best In Malaysia?

SQL Account is an easy to learn software with a clean, intuitive user-interface. SQL Account automatically commits all accounting double entries for e...

SQL Professional Income Tax Calculator

A tool that can calculate personal income tax in Malaysia. Enter income and tax relief details, the tax amount, tax bracket and tax rate will be calcu...

Which Payroll Software Is The Best In Malaysia?

SQL Payroll is a the most popular Malaysia Payroll software that removes the complexities in Human Resources Management, fast, easy, and accurate. SQL...

Malaysia LHDN E-Invoice - Part 1: Mandatory E-Invoice for Tax Payers

IRB targets 4,000 businesses by August 2024 for mandatory adoption of E-Invoice by Malaysia LHDN for annual turnover of RM 100 million! By July 2025, ...

Malaysia E-Invoicing - Part 2: A 72-Hours Grace Period for Adjustments

The Inland Revenue Board of Malaysia (IRBM) is implementing a new e-Invoicing system to streamline and enhance the country's tax administration. The e...

Malaysia E-Invoicing - Part 3: Accounting Software API or Manual Submission?

As part of Malaysia's effort to improve the efficiency of its tax administration management, the Government plans to implement e-Invoice in stages to ...

We are the Number 1 accounting software in South East Asia use by more than 320,000 companies!