Page 31 - Capital Allowances Recoupments Part 1 (CTA)
P. 31
Residential units (s 13sex)
CAPITAL ALLOWANCE?
- 5% per year on the cost of a new and unused unit
(or improvement) AND
- an additional 5% of the cost if the unit = a
low-cost residential unit as defined in section 1.
NB!!! No apportionment!!!
