Rental Property - a Capital Works Deduction has been claimed in past years (based on a Qty Surveyor Report). Can you now stop claiming this deduction in order to reduce the amt of a capital gain?
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Can you now stop claiming this deduction in order to reduce the amt of a capital gain?
That would mean giving up a deduction for a reduction in CG of half that amount - because CG is reduced by 50% discount.
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Can you now stop claiming this deduction in order to reduce the amt of a capital gain?
That would mean giving up a deduction for a reduction in CG of half that amount - because CG is reduced by 50% discount.
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