Hi There,
An electrical compliance check indicated that the wiring in a section of my investment property is non-compliant. I have since undertaken the rewiring to ensure compliance. Should I claim it as repair or capital works?
Thanks in advance.
Hi There,
An electrical compliance check indicated that the wiring in a section of my investment property is non-compliant. I have since undertaken the rewiring to ensure compliance. Should I claim it as repair or capital works?
Thanks in advance.
HI yliew,
It is a judgement call and will depend on the extent of the rewiring and the size of the "section"
If it's just a few specific areas and the majority of the wiring remains untouched, then it is likely to be a repair.
If it's the majority of the wiring in the house then it will be capital
HI yliew,
It is a judgement call and will depend on the extent of the rewiring and the size of the "section"
If it's just a few specific areas and the majority of the wiring remains untouched, then it is likely to be a repair.
If it's the majority of the wiring in the house then it will be capital
Thanks Toby. Only a section which is non-compliant.
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