Dredging: When WDA due
CAA01/S487 (1) and (7)
A person can claim a WDA for a chargeable period provided that qualifying expenditure has been incurred and all of the following conditions are satisfied:
- during that chargeable period the person is carrying on the qualifying trade for the purposes of which the qualifying expenditure was incurred;
- the chargeable period is wholly or partly within the writing down period CA81100;
- no balancing allowance is due for that chargeable period.