Construction expenditure area



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 construction of the capital works must be complete before the construction expenditure area is determined. A separate construction expenditure area is created each time an entity undertakes the construction of capital works.

For construction area expenditure before 1 July 1997, the capital works must have been constructed for a specified use at the time of completion, depending on the time when the capital works started. The first specified use construction time was 22 August 1979; see table 43-90 and subsection 43-75(2) of the ITAA 1997.

Last modified: 08 Jun 2012QC 25835