Undeducted construction expenditure

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

End of attention

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.