Tax changes a laptop bonanza for business?

Tue, 17 Mar 2020

Buying laptops, microphones, cameras and other equipment needed to facilitate remote working by teams that have to work from home will be made cheaper under new temporary depreciation rules announced today, applying from April 1.Tax system changes for business taxpayers are in four key areas: higher thresholds for provisional tax obligations; axing penalties on some late tax payments; resuming depreciation on commercial and industrial buildings; and immediate deduction for low value assets.In order by estimated impact on tax revenue, the detail...

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