Section 67H: Expenditure incurred by hotels on cleaning,
This section is inserted by Act No 13 of 2019, section 26.
consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
67H. Expenditure incurred by hotels on cleaning,
renovation and embellishment works
Notwithstanding section 57, a company operating a
hotel may, in an income year, deduct from its gross income an
amount equal to 150 per cent of any expenditure incurred in
that income year on cleaning, renovation and embellishment
works in the public realm.
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Questions this section answers
- Can a hotel company deduct 150 per cent of its public-realm cleaning and renovation costs from its taxable income?