NBV and Replacement asset relief: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Layout.)
 
imported>Doug Williamson
(Specify tax liabilities.)
 
Line 1: Line 1:
''Accounting''
1.  ''UK tax - capital gains.''  
 
Net Book Value.  
Alternative name for Business Asset Rollover Relief.
   
 
Sometimes also written in lower case as 'nbv'.
 
2. ''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 ==
== See also ==
* [[Net book value]]
* [[Business Asset Rollover Relief]]
* [[Chargeable gain]]
* [[Depreciating asset]]
* [[Jurisdiction]]
* [[Partial re-investment]]
 
[[Category:Accounting,_tax_and_regulation]]

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.


See also