Reinvestment Allowance Excluded List

01Why my ex-tax agent can claim Reinvestment Allowance on my bakery business in a shopping mall?

A incoming new client, a bakery in shopping mall, challenge us to follow their ex-tax agent past practice on claiming reinvestment allowance recently.

We are stunned but show them PU (A) 23 2012 on the excluded activities and a tax case Lavender Confectionery and Bakery.

Excluded List

The following activities are excluded from the definition of “manufacturing” as per PU (A) 23 2012

• Ice making
• Herb or spice-related activities
• Folding and shaping papers box, cardboard, plastic bag & envelop
• Laminating
• Quarrying, Mining, and Extraction of mineral
• Processing of photograph, picture, slide and film
• Baking except in a factory
• Distillation of filtration of water
• Treatment of waste water and solid waste
• Mixing and blending of petroleum product

What can taxpayer do now?

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