Session 15.1: Outlays on refurbishments - Practical scenarios
Following on from the previous session, this will be an interactive discussion using case studies including scenarios that address:
- Refurbishing buildings damaged by fires, floods, vehicle impacts and even earthquakes
- Raising or jacking buildings in flood areas
- Outlays on complying with heritage protection requirements
- Mandated improvements for tenant
- Problematic foundations and collapsing balconies in high rise buildings
- Whether refurbishment creates new residential premises, and
- The operation of sections 118-147 and 118-155, and the occupancy rule.
Speaker: Linda Farmer, CTA, Tax LF