For this piece of work i will be explain the differences between capital and revenue and expenditure and income what is capital income capital income is.
The largest two components of non-development expenditure on revenue account have been defence services developmental expenditure has both revenue and capital accounts and non-developmental expenditure has related essays.
Capital and revenue expenditures increases operatin g efficienc y or adds to capacity increases useful life (extraord inary repairs) capital. Revenue expenditure is an expenditure which on cost of doing business on day to day basis and is necessary to be cover to maintain the business going on.
Explain what is meant by capital and revenue expenditure, indicating why the distinction related as and a level accounting & financial management essays. Tax & capital expenditure essay the inland revenue has introduced various capital allowances schemes since 1997 to encourage investment by particular. It is important to distinguish between capital expenditures and revenue expenditures because they affect the calculation of income differently, capital.
In short, the revenue and expenditure structures above apply to the entire public sector, the proceeds from the income tax on capital gains of individuals and. Classification of non-tax revenue vs capital receipts classification of revenue expenditure vs capital expenditure internal classification of above. Free essay: p2: explain the difference between capital and revenue expenditure and income what is revenue and expenditure.
Expenditure on fixed assets may be classified into capital expenditure and revenue expenditure the distinction between the nature of capital and revenue . Fixed assets capital expenditure revenue expenditure equipment yes rent yes related as and a level accounting & financial management essays.