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  1. Paul@PFI

    Deductability

    1. I would have the QS add them to the schedule. Yes. 2. Correct. Initial repairs. These are considered capital expenditure. They may form part of the building, plant etc and also be included on QS report.
  2. Paul@PFI

    Deductability

    Depends on the repair. Some unlucky LLs have a tenant move in and immediate repairs are needed as a cooktop element burns out within days. Hard to argue after 3 days that the roof needs to be repairs for leaks when the ceilings are water marked.
  3. Paul@PFI

    Deductability

    Carpet is depreciable. In any case even if an expense was a repair eg flyscreen its also non-deductible and considered part of cost base as it is an initial repair. Initial repairs are not deductible and reflect theat the price you have paid included those defects. Making them good is no...
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