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capital works

English translation: infrastructural developments which satisfy service delivery requirements

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:capital works
English translation:infrastructural developments which satisfy service delivery requirements
Entered by: Rayindra
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18:47 Jul 1, 2007
English to English translations [PRO]
Bus/Financial - Law: Taxation & Customs / tax information
English term or phrase: capital works
The context:

Renovation costs and costs to repair damage, defects or deterioration existing on purchase cannot be claimed as an immediate deduction. These costs are capital expenditure, depending upon what is repaired or improved, and must be claimed as either decline in value deductions over the asset’s effective life, or as capital works deductions over 40 years.

Common mistakes

There are some common mistakes made by both first-time and other rental owners. These include:
• Incorrectly claiming the cost of structural improvements as repairs when they are capital works deductions. Examples of this include remodelling of bathrooms and kitchens, and constructing a deck or pergola.
Rayindra
Indonesia
Local time: 05:42
infrastructural developments which satisfy service delivery requirements
Explanation:
Definitions of capital works on the Web:

Infrastructural developments which satisfy service delivery requirements.
www.deh.gov.au/parks/best-practice/reports/asset/glossary.h...

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Note added at 9 mins (2007-07-01 18:56:12 GMT)
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Capital Works
It is the responsibility of the Projects Section to coordinate, manage and deliver all new building works. This involves the construction of new buildings and structures, as well as the refurbishment and alteration of existing buildings, and associated fit-out required for occupation and use.



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Note added at 12 mins (2007-07-01 18:59:12 GMT)
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includes improvements, replacements, additions, etc ..

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Note added at 19 mins (2007-07-01 19:07:05 GMT)
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Capital works are qualifying large scale repairs that the Council carries out on its housing - for example replacing windows or roof works. ...
www.greenwich.gov.uk/Greenwich/Housing/Leaseholders/Capital... - 27k - Cached - Similar pages
Selected response from:

David Hollywood
Local time: 19:42
Grading comment
4 KudoZ points were awarded for this answer

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Summary of answers provided
4 +1infrastructural developments which satisfy service delivery requirements
David Hollywood


Discussion entries: 2





  

Answers


6 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
infrastructural developments which satisfy service delivery requirements


Explanation:
Definitions of capital works on the Web:

Infrastructural developments which satisfy service delivery requirements.
www.deh.gov.au/parks/best-practice/reports/asset/glossary.h...

--------------------------------------------------
Note added at 9 mins (2007-07-01 18:56:12 GMT)
--------------------------------------------------

Capital Works
It is the responsibility of the Projects Section to coordinate, manage and deliver all new building works. This involves the construction of new buildings and structures, as well as the refurbishment and alteration of existing buildings, and associated fit-out required for occupation and use.



--------------------------------------------------
Note added at 12 mins (2007-07-01 18:59:12 GMT)
--------------------------------------------------

includes improvements, replacements, additions, etc ..

--------------------------------------------------
Note added at 19 mins (2007-07-01 19:07:05 GMT)
--------------------------------------------------

Capital works are qualifying large scale repairs that the Council carries out on its housing - for example replacing windows or roof works. ...
www.greenwich.gov.uk/Greenwich/Housing/Leaseholders/Capital... - 27k - Cached - Similar pages

David Hollywood
Local time: 19:42
Native speaker of: Native in EnglishEnglish
PRO pts in category: 12

Peer comments on this answer (and responses from the answerer)
agree  Lily Waters: Agree with David..
13 hrs

neutral  juvera: Your own examples show that "capital works" are not necessarily infrastructural developments.The definition in the first website quoted is not what you wrote, but that's beside the point.
15 hrs
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