Question:I have imputed a temporary full expensing for sole trader under P11, but the payable amount is the same before and after I include the assets? Is there something else needed to be done?
Answer: This amount should also be included in P8M Depreciation expenses in order to gain deduction.
Note: Temporary Full Expensing only introduced year 2021, prior from that year, user should use "Immediate Write-Off"
Learn more from this video GUIDE