✔ 最佳答案
1. According to HKAS 16 - Property, Plant and Equipment:-
"Property, plant and equipment are tangible items that:
(a) are held for use in the production or supply of goods or services, for rental to others, or for administrative purposes; and
(b) are expected to be used during more than one period."
Therefore, the computer should be recognized as fixed assets if it is expected to be used for more than 1 period, even if its cost is low.
The main difference between providing depreciation and writing off is the deferred effect of expensing, which can affect the net profit amount of each period.
2. When you are doing tax computation, you should start from the "profit before tax" in the financial statements, and then add / deduct tax items to calculate the assessable profits. Depreciation amount (i.e. HK$6,000 for computer, HK$100,000 for motor vehicle) should be first added back and then replaced by depreciation allowance (e.g. initial allowance, annual allowance)
3. Please note that the tax items (e.g. initial allowance, annual allowance) would only be considered in tax computation but not a/c ledger; You do not need to make any accounting adjustment / entry for those tax items, expect when considering deferred tax assets or liabilities.
Yes, you are right. Under HK Inland Revenue Ordinance, Computer is prescribed fixed assets and can be 100% deductible in the year of purchase; while motor vehicle is under 30% pooling method to have depreciation allowance.
With reference to your example that motor vehicle with cost HK$500,000. In the year of purchase, the initial allowance is HK$500,000 * 60% = HK$300,000 and annual allowance is (HK$500,000-HK$300,000)*30% = HK$60,000. In next year, there will only be annual allowance which is equal to residual value * 30% = (HK$500,000-HK$300,000-HK$60,000)*30% = HK$42,000
2011-01-08 16:23:35 補充：
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