VCONST19300 - Relevant charitable purpose concession (pre-1 July 2010 only): time-based method (entire building)
The method based on time could be applied to the entire building without permission from us.
Step 1
Select a representative period.
Note: The representative period over which the use is measured isn바카라 사이트™t prescribed and any reasonable representative period may be used.
Step 2
Determine the amount of time that the building is intended to be used solely for a relevant charitable purpose during that representative period.
Step 3
Determine the total amount of time that the building is available for use during that representative period.
Note: The 바카라 사이트˜total time the building is available for use바카라 사이트™ is the total opening hours of the building during the representative period.
Step 4
Divide the amount of time determined at Step 2 by the amount of time determined at Step 3 and multiply by 100.
Step 5
If percentage calculated at Step 4 is greater than 90 per cent, any non-qualifying use can be ignored.
Note: Where the building was used for both qualifying and non-qualifying activities at the same time then that period of time couldn바카라 사이트™t be regarded as qualifying use (VCONST19500).
When applying the time-based method to an entire building, it wasn바카라 사이트™t acceptable to consider the use of the building by reference to the total staff hours spent on qualifying and non-qualifying activity within the building. This was because the method only considered the time a building was used solely for a qualifying purpose.
Example
A charity is constructing a hall. Every Friday evening, the hall will be let to another organisation for two hours. The rest of the time the hall is available for use (36 hours) it will be used by the charity for a relevant charitable purpose.
The percentage qualifying use is 36 divided by 38 - that is, 94.7 per cent. The building will qualify under the concession using this method and a certificate can be issued.