Borrowing Costs, Formation Costs & Black Hole Expenditure Calculator

This calculator is the ultimate tool in calculating the write off of Borrowing Costs, Formation Costs or Black Hole Expenditure write offs over six years.

Quick, simple and easy, it has the following features:

1. It is date sensitive to calculate how to spread the cost over six years,
2. Borrowing Costs under $100 are claimed in full in the first year and
3. It allows you to enter hyperlinks to source documents.

A very simple calculator for staff to use to complete and keep track of writes off over multiple years.