CGT Capital Gain Tax Terms with "W"
Glossary of CGT Capital Gain Tax - Glossario CGT Capital Gain Tax
Glossary of CGT Capital Gain Tax - Glossario CGT Capital Gain Tax
Wasting Asset: a wasting asset has a predictable life of 50 years or less. All plant and machinery are treated as wasting assets. When you sell a wasting asset, there may be some restriction of the costs you can deduct in calculating your gain or loss. Personal possessions may be exempt from Capital Gains Tax if they are wasting assets.
Wasting Asset: a wasting asset has a predictable life of 50 years or less. All plant and machinery are treated as wasting assets. When you sell a wasting asset, there may be some restriction of the costs you can deduct in calculating your gain or loss. Personal possessions may be exempt from Capital Gains Tax if they are wasting assets.