Discover what capital additions are, the types involved, and how they enhance asset value and business capacity. Learn the ...

A capital expenditure is the use of funds by a company to acquire physical assets to improve its value or increase its long-term productivity. Also known as capital expenses or CapEx, capital ...

As a business owner, you incur costs as a regular part of your company's daily operations. This includes maintenance or usage costs on equipment and machinery. However, you also incur costs to acquire ...

Over time, the value of a company's capital assets decline. This is a normal phenomenon driven by wear and tear, obsolescence, and other factors. This depreciation in the asset's value must be ...

The Supreme Court held that non-compete payments facilitating efficient business operations are deductible under section 37(1) when no capital asset or profit-making structure is ...

All real estate—whether a multitenant building, warehouse or office—needs regular upkeep to keep things in good operating condition. Most of the time, routine maintenance is sufficient, but once in a ...

The Supreme Court ruled non-compete fees are revenue expenditure eligible for tax deduction, rejecting the tax department’s ...