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Cg2028 Form

Cg2028 Form

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we are now going to be looking at lease recoupment which are discussed in section 85 of the act now before we start with lease recuitment and climb into all of these slides it's important for us to just quickly revise what you can claim as a deduction when you are the see in involved with a lease so over here this block especially I've given us here the treatment of the L saw and the L C but the Lei is the one which is the one I would like us to focus on for now when you are a l c of in a lease you are allowed to claim the lease payments so if um there's a lease agreement between you and someone else the lease payments that you pay those amounts you're allowed to claim you can also claim leas premiums and theseal improvements right but I want you to understand remember you can claim deductions against your taxable income that's actually the most important thing now these deductions and especially these ones we see here at the top the normal lease

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