How are post-cessation receipts taxed?
How are post-cessation receipts taxed? Post-cessation receipts are taxable income of the person when they receive them, similarly relief may be available for post-cessation expenses. To make a successful claim for an allowable post-cessation expense: the trade must have ceased, and. What is post-cessation? Post-cessation receipts, as found at CTA2009 s190, are receipts that would […]