The rules on integral features apply where a person carrying on a qualifying activity incurs expenditure on the provision or replacement of an integral feature for the purposes of that qualifying activity. Each of the following is an integral feature of a building or structure:
(1)an electrical system (including a lighting system);
(2)a cold water system;
(3)a space or water heating system, a powered system of ventilation, air cooling or air purification, and any floor or ceiling comprised in such a system;
(4)a lift, an escalator or a moving walkway;
(5)external solar shading.
Want to read more?
This content requires a Croner-i Tax and Accounting subscription.