capital allowance

Capital Allowance

Capital Allowance is used as a subsidy to for the depreciation of fixed assets. Capital allowance is given to reduce the tax payable for the capital.

SQL Capital Allowance Calculator

SQL Professional Fixed Asset Calculator Malaysia
for Capital Allowance 2024

Asset Details

Asset Category

Asset Type

Tax Allowances Rate (%)

I.A

Value Missing

A.A

Value Missing

Asset Cost

RM

Asset Cost Missing

Acquire Date

Acquire Date Missing

Hire purchase loan?

RM

Down Payment Missing

Interest (%)

Interest missing

Installment Period

Year(s)

Installment Period Missing

Asset disposal?

Diposal Amount

RM

Disposal amount Missing

Diposal Date

Disposal date Missing

Cut off by financial year

Financial Start Month

Financial Start Month Missing

Year of Assessment	Qualifying Expenditure			Tax Written Down Value			Capital Allowance				Tax Written Down Value C/F
Year of Assessment	B/F	Additional	C/F	B/F	Additional	Total	I.A Rate (%)	I.A	A.A Rate (%)	A.A	Tax Written Down Value C/F
2025	0	-	90000	90000	-	90000	20	18000	20	18000	54000
2026	90000	-	90000	54000	-	54000	20	-	20	18000	36000
2027	90000	-	90000	36000	-	36000	20	-	20	18000	18000
2028	90000	-	90000	18000	-	18000	20	-	20	18000	0

Year of Assessment	Qualifying Expenditure	Tax Written Down B/F	Additional	I.A	A.A	Tax Written Down C/F
2025	90000	90000	-	18000	18000	54000
2026	90000	54000	-	-	18000	36000
2027	90000	36000	-	-	18000	18000
2028	90000	18000	-	-	18000	0

I.A

A.A

Qualifying Expenditure 90000

Tax Written Down B/F 90000

Tax Written Down C/F 54000

Qualifying Expenditure 90000

Tax Written Down B/F 54000

Tax Written Down C/F 36000

Qualifying Expenditure 90000

Tax Written Down B/F 36000

Tax Written Down C/F 18000

Qualifying Expenditure 90000

Tax Written Down B/F 18000

Tax Written Down C/F 0

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