175‑25 How to work out the single amount175‑25 How to work out the single amount

#### 175‑25 How to work out the single amount Work out the single amount to be included under section 30‑10, in a miner’s \*mining revenue for a mining project interest for an \*MRRT year, as follows: Method statement Step 1. For each of the \*taxable resources covered by the alternative valuation method for the interest for the year, work out the unadjusted revenue amount under section 175‑30. Step 2. Add together all of the unadjusted revenue amounts for the \*taxable resources covered by the alternative valuation method for the interest for the year. Step 3. Add together all of the following amounts: (a) the miner’s downstream operating costs, worked out under section 175‑35, for the interest for the year; (b) the sum of the amounts, worked out under section 175‑40, by which the assets of the miner relating to the interest, to which that section applies, have depreciated in value during the year; (c) a return on the miner’s capital costs for the interest for the year, worked out under section 175‑45. Step 4. Reduce the amount under step 2 by the amount under step 3. The result is the single amount to be included in the miner’s \*mining revenue for the mining project interest for the year.