Keeping track of private use is currently a manual task and increases the chance of error.
The tax treatment of the sale of assets that have not been pooled for tax purposes, and that may have had changing private use proportions over time, means careful calculations including a closing tax tax value need to be maintained manually each year.
Keeping track of private use is currently a manual task and increases the chance of error.
The tax treatment of the sale of assets that have not been pooled for tax purposes, and that may have had changing private use proportions over time, means careful calculations including a closing tax tax value need to be maintained manually each year.
I'd love to see this functionality as proposed.