Chargeable gain: Difference between revisions
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imported>Doug Williamson (Added term that seems to have been deleted from Glossary import so that it links with existing Wiki terms) |
imported>Doug Williamson m (Comma added after UK) |
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The amount of the realised increase in the value of a capital asset, as calculated for Corporation Tax purposes. | The amount of the realised increase in the value of a capital asset, as calculated for Corporation Tax purposes. | ||
(In the UK individuals and partnerships are liable to Capital Gains Tax on their capital gains, while companies are liable to Corporation Tax on their 'chargeable gains'.) | (In the UK, individuals and partnerships are liable to Capital Gains Tax on their capital gains, while companies are liable to Corporation Tax on their 'chargeable gains'.) | ||
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* [[Corporation Tax]] | * [[Corporation Tax]] | ||
[[Category: | [[Category:Accounting,_tax_and_regulation]] | ||
Revision as of 22:48, 11 November 2013
UK Corporation tax.
The amount of the realised increase in the value of a capital asset, as calculated for Corporation Tax purposes.
(In the UK, individuals and partnerships are liable to Capital Gains Tax on their capital gains, while companies are liable to Corporation Tax on their 'chargeable gains'.)
