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CGT business asset disposal relief

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › CGT business asset disposal relief

Viewing 2 posts - 1 through 2 (of 2 total)
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  • September 25, 2021 at 8:42 pm #636497
    abokor
    Participant
    • Topics: 82
    • Replies: 114
    • ☆☆

    hello sir hope u are well.

    sir, On CGT for assets to qualify BADR what is the qualifying period of ownership of the asset.
    is it the period of ownership of the asset or the period of the ownership of the business.

    thanks

    October 12, 2021 at 11:24 am #637547
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    Firstly my apologies for the delayed reply – it is the period of ownership of the business when dealing with an unincorporated trade and of the shares when dealing with the disposal of shares of an incorporated trade

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