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Hello sir?
i found difficuly to understand the one point of replacement of business assets (Rollover Relief). plz explain this..
And The point is..
* The replacement asset must be bought in the period 12 months before to 36 months after the disposal of the old asset.
Thanks?This is simply the time limit within which the new asset must be purchased to permit a rollover relief claim to be made – if an asset was sold on 1 January 2017 then for rollover relief to be available the new asset must be purchased between i January 2016 and 31 December 2019
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