Topics covered in this paper include:
- business-related costs
- what is new?
- comparing the old to the new provision
- examples of capital expenditure previously capitalised and now deductible
- exceptions and limitations
- interaction with the consolidation regime
- termination of a lease or licence - when can the five year write off apply?
- CGT amendments - changes to the cost base provisions
- transitional provisions
- transitional provisions
- uniform capital allowances - how they are affected by the Bill.