Adjustments to the deduction of input tax on capital items4
In regulation 114(3B) (period of adjustment)—
a
for “paragraph 37(5)” substitute “paragraph 37(3)”;
b
at the end insert “divided by 12 and rounded up to the next whole number”.
In regulation 114(3B) (period of adjustment)—
for “paragraph 37(5)” substitute “paragraph 37(3)”;
at the end insert “divided by 12 and rounded up to the next whole number”.