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Bruce4Tax(Taxicorn)Taxicorn
17 June 2023

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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RE: If you have been claiming a Capital Works Deduction in past yrs, can you stop claiming in future yrs | ATO Community