Balancing Charge點計?

According to the DIPN 2, the calculation of balancing allowance / charge should use sales price instead of sales proceed. Thus, you should use HK$6,000,000 for the calculation.

In your case, assuming the cost of HK$1,000,000 exclude the cost of land, the excess between residue of exp and sales price is HK$5,300,000.

Since the balancing charge is limited to the annual allowance allowed (i.e. HK$300,000), the answer is HK$300,000


For more details, you can refer to DIPN 2 - Example 9 on page 16):-

http://www.ird.gov.hk/eng/pdf/e_dipn02.pdf

2011-03-15 22:44:44 補充：
你說得對, 是沒有esidue of exp c/f 的

2011-03-17 14:41:26 補充：
For your reference, when using your formula to calculate the excess (=reside of exp - sale price)

if reside of exp > sale price, the -ve amount means that there is a balancing charge

if reside of exp < sale price, the +ve amount means that there is a balancing allowance

2011-03-18 13:07:38 補充：
如果你是指tax computation, 這HK$5m 是不用present出來的, 請參考DIPN 2 - Example 9 on page 16):-

http://www.ird.gov.hk/eng/pdf/e_dipn02.pdf

2011-03-18 13:12:57 補充：
如果你是指會計賬, balancing charge是不用記帳的, entry應是:-
Dr Bank $5,930,000
Dr Accumulated depreciation (assuming) $500,000
Cr Property $1,000,000
Cr Gain on disposal $5,430,000