Urban Development Zone allowance under the Income Tax Act – Bizcommunity.com

Urban Development Zone allowance under the Income Tax Act – Bizcommunity.com

Urban Development Zone allowance under the Income Tax Act
Bizcommunity.com
In line with international models, South Africa has attempted to incentivise investment into the development and renewal of certain urban areas. One of these incentives is the accelerated tax depreciation allowance, introduced in 2003 by section 13quat

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Urban Development Zone allowance under the Income Tax Act – Bizcommunity.com