Topic 2 - Division 43

5 40 40 25 25 residential income producing na na 40

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Unformatted text preview: 2.5 2.5 Residential income producing N/A N/A 4.0 2.5 2.5 Eligible industrial buildings 2.5 4.0 4.0 2.5 Rates • Rate depends on when construction commenced. • Also requires you to consider the type of property • Residential – house, apartment, flat • Non-residential – office, warehouse, shop • Industrial activities – manufacturing – factory, somewhere where things are produced. 6. Rates s.43-10 “You can deduct an amount for capital works. You can only deduct the amount if the capital works have a construction expenditure area and you use your area in such a way which is income producing....
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This document was uploaded on 09/04/2013.

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