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forms it01 - Tax Administration Jamaica (TAJ)

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Type of Asset<br />

(1)<br />

Date<br />

Acquired<br />

yy/mm/dd<br />

(2)<br />

Cost or<br />

W.D.V.<br />

B/Fwd.<br />

(3)<br />

Rate<br />

%<br />

(4)<br />

Revised 2008/10 Page 18 <strong>Tax</strong>payer Audit & Assessment Department<br />

APPENDIX 2<br />

SCHEDULE 2 IT01/02/03/04<br />

CAPITAL ALLOWANCES SCHEDULE Year of Assessment<br />

Business & Rental Assets<br />

Excluding Motor Vehicles <strong>Tax</strong>payer Registration Number<br />

Please Read Notes and Instructions before Completing this Schedule<br />

Investment<br />

Allowance<br />

(5)<br />

Rate<br />

%<br />

(6)<br />

Initial<br />

Allowance<br />

(7)<br />

Rate<br />

%<br />

1. Transfer Total of ‘Total Allowances Column’ to Section C<br />

2. If Motor Vehicle is applicable, complete overleaf also<br />

(8)<br />

Annual<br />

Allowance<br />

(9)<br />

Selling Price<br />

Asset Sold<br />

(10)<br />

Balancing<br />

Allowance<br />

(11)<br />

Total<br />

Allowance<br />

(12)<br />

Balancing<br />

Charge<br />

(13)<br />

W.D.V. C/<br />

Fwd<br />

(14)

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