TSEM8723 - Trust management expenses: allowable expenses: specific items: depreciation
Depreciation is not in any sense an expense of the trustees properly chargeable to income. Consequently it is not an allowable TME for ITA/S484 or S500 purposes.
Depreciation is not in any sense an expense of the trustees properly chargeable to income. Consequently it is not an allowable TME for ITA/S484 or S500 purposes.