CA, IBA, Agri allowance - Agri allowance
11 important questions on CA, IBA, Agri allowance - Agri allowance
What is the rate for clearing and preparation of land under qualifying agriculture expenditures?
What is the rate for planting crops under qualifying agriculture expenditures?
What is the rate for construction on a farm of a road or bridge?
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What is the rate for construction of any other buildings used in the business?
What is the rate for construction on a farm of a building for welfare or living accommodation?
What is the rate for drainage and irrigation under qualifying agriculture expenditures?
What happens if QAE is disposed of within 5 years from the date it was incurred?
What happens if QAE is disposed of more than 5 years from the date it was incurred?
When is the agricultural charge taxable in the YA of disposal?
What is the amount of AC imposed on the disposer in the YA of disposal?
Abbreviation for Agricultural allowance
P - planting
R - Road
A - accommodation
P - plant & machinery --> claim CA
I - irrigation
O - other buildings
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