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  • Undeducted construction expenditure



    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

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    The undeducted construction expenditure for your area is the part of your construction expenditure that remains to write off. It is used to work out:

    • the number of years in which the fund can deduct amounts for construction expenditure
    • the amount that the fund can deduct under section 43-40 of the ITAA 1997 if your area or a part of it is destroyed.

    The methods for calculating undeducted construction expenditure are included in sections 43-230, 43-235 and 43-240 of the ITAA 1997.

    Last modified: 13 Feb 2019QC 44343