Search results

  1. Paul@PFI

    Capital works deduction and destruction

    Chris - Thanks for that. I did suspect I might generate that issue in replies and I would have to agree that it would snowball and - where would it end ? So the answer may be that a QS report contains extensive value and sometime having a quality QS report by a firm that offers great customer...
  2. Paul@PFI

    Capital works deduction and destruction

    You are referring to what is commonly called "scrapping". Provided the old asset and new asset relate to production of assessable income then yes it would be written off and claimed as a Capital Allowance item. For example demo of old IP fence around time it becomes a PPOR isn't eligible...
Back
Top