Wasting asset: Difference between revisions
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(Create page - source - UK HMRC manual - https://www.gov.uk/hmrc-internal-manuals/capital-gains-manual/cg76700) |
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Latest revision as of 17:27, 20 November 2023
1. UK tax.
An asset which has a predictable life that does not exceed 50 years.
2.
Any asset whose value is normally expected to reduce with the passing of time.