Renovating · Koste Knowledge Base
Can You Claim Internal Wall Removal in Renovations?
Quick Answer
Yes, you can claim deductions on internal wall removal as part of open plan renovations under **Division 43 of ITAA 1997**, provided it enhances the structure of the property. However, specific conditions must be met and it often involves capital works deductions. Consult a Chartered Quantity Surveyor for precise evaluation.
capital workstax deductionsrenovation costsopen plan livinginvestment property
Written by Koste Team · Koste Chartered Quantity Surveyors · AIQS Member · RICS Member · TPB Registered · 1300 669 400 · info@koste.ai