Wasting assets (Not Chattels) Flashcards
1
Q
Treatment for Intangible assets (Copyright / Lease)
A
Allowable cost = Remaining life / Total life x (Cost of asset - Scrap value)
ATX - CGT Rules > Wasting assets (Not Chattels) > Flashcards
Treatment for Intangible assets (Copyright / Lease)
Allowable cost = Remaining life / Total life x (Cost of asset - Scrap value)