i got a question.
Though Im a sole proprieter and got a fren who helps me with my taxes (Borang B - with business income), I would like to know how to calculate the capital allowance for things I use in my business like airconds, furniture,etc. It'd like to do the calculation on my own if i canwithout having to ask my fren to do it, but i need to understand how to do it first.

In my understanding, for example, if a piece of furniture i use in my premise is bought at rm1000 , im entitled for a 20percent initial allowance, right? and that means 1000-200=800. Right? and every year I'm also entitled to 10percent annual allowance. So,if this is my third year of business, the calculation is rm1000 - 200 (initial allowance) - 100 -100 -100= rm 500. correct? I already try to read up stuff on it but would appreciate if someone can tell me what i calculated above is correct. thank u.