Immediate write-off for fixed structures

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 · Accepted Answer

_KaraBATO · Answer

Good question! It depends on if you are a primary producer. If you are, you may able to claim an immediate deduction for capital expenses incurred on fodder storage assets like hay sheds. If you are not, you are correct, these expenses would qualify as capital works and would be treated as capital works deductions. More information on claiming an immediate deduction for Fencing and fodder storage assets is available on our website.

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