Is repairs to plant and machinery revenue or capital expenditure???? Can you all explain why?????and what is the different between revenue or capital expenditure!!!1
maintenance isn't a capital cost that is going to circulate down as necessary expenditure and is completely recoverable against tax as destructive to capital cost the place the equipment is wrote down according to annum as a share of the value. you are able to't write off a capital spend in one year yet you are able to write off the maintenance according to annum against that distinctive years tax
