When doing ROR for individuals, and where there is partial reinvestment, we use
chargeable gain = Lower(Uninvested amt, full gain)
i wd like to know if this is true for ROR partial reinvestment in the case of companies?
thank u!
Ask the Tutor ACCA TX-UK
ROR for companies
Yes, the only different issue is that in calculating the gain in corporate tax you have of course computed and deducted indexation allowance
Yes, the only different issue is that in calculating the gain in corporate tax you have of course computed and deducted indexation allowance
thank u
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