Good news for Nora!
Gordon, Keith
Good news for Nora! - 2007 - Taxation 160(4135) 29 November 2007, 593-595(3) .
Discusses the taper relief rules which have complicated the capital gains tax code. Examines how much taper relief would be available on the disposal of a shop owned for sixteen months, used by a tenant for over six months and which is otherwise empty. Using this case as a worked example, shows how the business asset taper relief entitlement should be calculated.
TAXATION OF CHARGEABLE GAINS ACT 1992
BUSINESS ASSET TAPER RELIEF
CAPITAL GAINS TAX
United Kingdom--
Good news for Nora! - 2007 - Taxation 160(4135) 29 November 2007, 593-595(3) .
Discusses the taper relief rules which have complicated the capital gains tax code. Examines how much taper relief would be available on the disposal of a shop owned for sixteen months, used by a tenant for over six months and which is otherwise empty. Using this case as a worked example, shows how the business asset taper relief entitlement should be calculated.
TAXATION OF CHARGEABLE GAINS ACT 1992
BUSINESS ASSET TAPER RELIEF
CAPITAL GAINS TAX
United Kingdom--