Jump to content

kevin55

Members
  • Posts

    282
  • Joined

  • Last visited

Everything posted by kevin55

  1. kevin55

    Tax question

    Here's an extract from the link in my earlier post - he's buying another business asset so: Business Asset Rollover Relief means you won’t pay any tax until you sell the new asset. You may then need to pay tax on the gain from the original asset. You can also claim: provisional relief if you’re planning to buy new assets with your proceeds but haven’t done yet relief if you use the proceeds to improve assets you already own K
  2. kevin55

    Tax question

    This may help -rollover relief https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/323714/hs290.pdf
×
×
  • Create New...