The Uniform Capital Allowance (UCA) system provides a set of general rules that apply across a variety of depreciating assets and certain other expenditure. Simplified rules may apply in the case of small businesses. The UCA system provides a mechanism…

Capital gains tax (CGT) is the tax you pay on a capital gain. It is not a separate tax, but part of your income tax. The most usual way to make a capital gain or loss is to sell assets…