Capital Expenditure Quiz

What is the initial allowance rate for heavy machinery?

• 14%

• 20%

• 25%

• 10%

Which of the following is NOT considered qualifying plant expenditure?

• Custom duty

• Office rent

• Purchase price of machinery

• Installation expenses

What is the maximum qualifying expenditure for motor vehicles not licensed for commercial transport?

• RM 150,000

• RM 100,000

• RM 200,000

• RM 50,000

What is the annual allowance rate for office equipment?

• 14%

• 20%

• 10%

• 25%

Which of the following qualifies as a small value asset?

• Asset costing RM 1,200

• Asset costing RM 1,500

• Asset costing RM 1,400

• Asset costing RM 1,300

What is the qualifying expenditure formula for plant and machinery?

• Purchase price + installation cost

• Purchase price + incidental cost + custom duty + installation cost

• Purchase price + installation cost + transportation cost

• Purchase price + custom duty

What happens if a motor vehicle is disposed of within two years of acquisition?

• No capital allowances are claimed

• All capital allowances claimed are withdrawn

• Only half of the capital allowances are withdrawn

• Capital allowances are doubled

What is the capital allowance rate for plant and machinery?

• 10%

• 14%

• 20%

• 25%

Which of the following is classified as heavy machinery?

• Air conditioner

• Bulldozer

• Printer

• Photocopier

What is the qualifying expenditure for a generator costing RM 300,000 with site preparation costs of RM 100,000?

• RM 100,000

• RM 300,000

• RM 400,000

• RM 200,000