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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 43-40External Link 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 43-230External Link, 43-235External Link and 43-240External Link of the ITAA 1997.

    Last modified: 21 Aug 2015QC 44343