Deduction for business expenditure covers operating costs, finance charges and capital allowances; deductions may be limited for non exclusive asset use.

Deduction for business expenditure comprises operating expenditure incurred for the business during the financial year, permitted finance charges incurred for business purposes during the financial year, and capital allowances in respect of the business; capital allowances apply whether or not claimed, and the Assessing Officer may restrict deductions where an asset is not exclusively used for business purposes.

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