CA80600 - Dredging: Pre-trading expenditure and expenditure incurred before premises are occupied

CAA01/S486

Treat capital expenditure incurred on dredging for a qualifying trade before the qualifying trade begins as incurred on the day that the trade begins.

Treat capital expenditure incurred on dredging in connection with a dock or other premises as incurred on the first day on which:

• the person both carries on the qualifying trade, and
• the dock or other premises are occupied.