000 00824cab a2200217 4500
001 ABS48514
008 090401t1993 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u67187
041 _aeng
245 _aTime apportionment
260 _c1993
350 _a0
490 _aProperty Finance
_vApril 1993, 47(1)
520 _aDiscusses the implications of a test case referred from the CA to HL "Smith v Schofield" raising the question of whether time apportionment should be applied before or after indexation relief when calculating capital gains tax on assets and property purchased before the introduction of the tax in April 1965. Worked example.
650 _aCAPITAL GAINS TAX
650 _aINDEXATION ALLOWANCE
650 _aTIME APPORTIONMENT
690 _aTAXATION
942 _n0
948 _c04/03/1997
999 _c42046
_d42046