Accelerated Capital Allowance (ACA) for the purchase of Machinery and Equipment
Accelerated capital allowance (ACA) for the purchase of Machinery and Equipment – PDF 1. It was proposed in the 2020 Economic Stimulus Package, announced on February 27, 2020, that accelerated capital allowance (ACA), comprised of a 20% initial allowance and a 40% annual allowance, be given on qualifying capital expenditure on machinery and equipment (including […]
