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RENTAL INCOME, EXPENSES, CAPITAL ALLOWANCE - Coggle Diagram

- - - - tenant renovates factory, he has relevant int on reno cost
  - - - rented space<10% of total floor, whole building will qualify IBA
      - rented space>10%, IBA will only be claim on part not rented out
- - - - absence of tenants for 2y after termination tenancy
      - legal injunction/other official sanction
      - repair/renovation
      - other beyond control of owner
- - - - one property or more
        
        deductible in YA expenses are incurred
      - 1 property and taxed as single buss source
        
        deductible in YA expenses incurred against gross rental
  - - - deductible in same YA which advance rental is taxable
      - amendment done to assessment for year assessment
    - - deductible in YA the expenses incurred against the gross rental
  - - - given for max 3 consecutive YAs
- - - - co not used for purpose of buss end of basis period for YA
      - cannot claim CA
    - - co used for the purpose of buss at end of basis period for YA
      - can claim CA