Capital Gains Tax changes
Language: English Series: Financial Times ; 11/5/88 p12 | CLA Press Release ; 12/5/88 (2)Publication details: 1988Subject(s): Summary: Changes to the Finance Bill, agreed this week, will enable taxpayers to elect to have future capital gains tax liabilities computed without reference to the pre-1982 value of assets. The CLA has welcomed this move which will enable a loss on the sale of land relative to its 1982 value to be offset against a capital gain in the value of a milk quota .| Item type | Current library | Call number | Copy number | Status | Barcode | |
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| News article | London News article | WB2419-45 (Browse shelf(Opens below)) | 1 | Available | 12032-1001 |
Changes to the Finance Bill, agreed this week, will enable taxpayers to elect to have future capital gains tax liabilities computed without reference to the pre-1982 value of assets. The CLA has welcomed this move which will enable a loss on the sale of land relative to its 1982 value to be offset against a capital gain in the value of a milk quota .