Expenses associated with holding vacant land will be denied from 1 july 2019.
Will not be able to be carried forward for use in later income years.
May form part of the cost base of the asset for CGT purposes.
Expenses associated with holding vacant land will be denied from 1 july 2019.
Will not be able to be carried forward for use in later income years.
May form part of the cost base of the asset for CGT purposes.