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Building and Construction Industry Long Service Payments Regulation 2022
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Building and Construction Industry Long Service Payments Regulation 2022
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Turn the raw legal text into a practical explanation grounded in Building and Construction Industry Long Service Payments Regulation 2022.
8 Costs for service credits claims—the Act, s 21
For the Act, section 21(4)(c), the prescribed costs are losses and outgoings that—
(a) relate to materials and contracts for labour and services, and
(b) are permissible to deduct, under the Income Tax Assessment Act 1997 of the Commonwealth, from the assessable income.