relief of gift of business assetForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › relief of gift of business assetThis topic has 2 replies, 2 voices, and was last updated 7 years ago by aamir2111.Viewing 3 posts - 1 through 3 (of 3 total)AuthorPosts June 13, 2017 at 3:53 pm #393014 aamir2111ParticipantTopics: 123Replies: 85☆☆☆Dear Tutor,As per lec note “Gift relief may be claimed on the gift of the following assets: Assets used in the trade of: the donor (i.e. where he is a sole trader) the donor’s personal company….” What about in case of partnership will there be no relief? June 13, 2017 at 7:00 pm #393039 Tax TutorMemberTopics: 2Replies: 3965☆☆☆☆☆It will include assets used in the trade of the donor whether a sole trader or a partnership June 13, 2017 at 8:49 pm #393057 aamir2111ParticipantTopics: 123Replies: 85☆☆☆Thank you.AuthorPostsViewing 3 posts - 1 through 3 (of 3 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In