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    Special levy tax deductions

    We did something like this a few years ago. It was a building on The Sunshine Coast and all the owners were hit with a $55K Special Levy for concrete cancer, new exterior doors and windows, new balcony railings and a paintjob. We had a scope of works and a total figure for the job and sent...
  2. D

    Special levy tax deductions

    I'm not an accountant, but it will get down to how long each owner has owned their unit for. Roughly speaking, the ATO's definition of a repair is to restore something to the condition it was in when you bought it. The longer somebody has owned a property for, the greater their scope for...
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