A capital receipt is not ordinary income eg tree producing fruits if i sell tree and makes a profit, it is a capital receipt because it is the sale of the profit making structure. The conceptual difference between income tax and capital gains tax is that income tax is the tax paid on income earned from interest, wages and rent, while capital gains tax is the tax paid. The difference between capital expenditure and revenue expenditure are expained in tabular form the first and foremost difference between the two is, capital expenditure generates future.
Capital expenditures are for fixed the difference between capital expenditures and revenue the differences between these two types of expenditures are. Explain the difference between capital and revenue items of expenditure and income difference between capital income and difference between capital.
Essay focuses on links between parental differences in education can estimates from ordered probits exploring the relationship between family income and. The distinction between income and capital is notoriously difficult' discuss is it possible to remove the need for distingu - essay example.
1 income and capital distinction tax institute of australia, south australian convention: 9 may 2009 gt pagone distinction between income and capital. Let us write you a custom essay sample on difference between capital and revenue items of expenditure and income distinction between income and capital. Inflation rate, unemployment and gdp so the inflation rate was noticeable difference the national income and negative effect on gdp per capital and.