Opex and Replacement asset relief: Difference between pages

Latest revision as of 07:34, 4 March 2022

1. UK tax - capital gains.

Alternative name for Business Asset Rollover Relief.

2. Tax.

More broadly, any tax relief that defers tax liabilities on gains on disposals, when disposal proceeds are reinvested into other qualifying assets.

@@ Line 1: / Line 1: @@
-'''Op'''erating '''Ex'''penditure.
+.  ''UK tax - capital gains.''
-Opex is expenditure on items which are consumed - or whose benefits are otherwise enjoyed - in the short term, generally within the current financial reporting period.
+Alternative name for Business Asset Rollover Relief.
-Opex is contrasted with capital expenditure ('capex').
+.  ''Tax.''
+More broadly, any tax relief that defers tax liabilities on gains on disposals, when disposal proceeds are reinvested into other qualifying assets.
 == See also ==
-* [[Capitalise]]
+* [[Business Asset Rollover Relief]]
-* [[Capital expenditure]]
+* [[Chargeable gain]]
-* [[Expenditure]]
+* [[Depreciating asset]]
-* [[Revenue expenditure]]
+* [[Jurisdiction]]
+* [[Partial re-investment]]
+[[Category:Accounting,_tax_and_regulation]]