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ZeusIsh(Initiate)Initiate
16 Jan 2023

Currently there is gravel down both sides of the property. Would having concrete added to make the property more accessible, down both sides of the house be regarded as a Repair or an improvement?   If an improvement, is it claimable? and how would I claim the deduction?


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1,426 views
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Bruce4Tax(Taxicorn)Taxicorn
16 Jan 2023

Gravel turned into concrete = improvement


Claim capital works = cost x 2.5 % - pro rata in first year


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Tax treatment for adding concrete down side of house of an investment property | ATO Community