capital gains tax

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November 28, 2018 at 1:46 pm #486274
ayeshatabani
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Hello sir,
In the practice question Jenny,- capital gains tax,
we have deducted the loss on warehouse from assets qualifying for ER. Could this not be deducted from Non ER asset disposal (i.e investment property)?
Thankyou
November 28, 2018 at 4:01 pm #486306
Tax Tutor
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Unfortunately no as we must first net out the gains and losses that arise overall from the sale of the business
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