Off balance sheet finance and Replacement asset relief: Difference between pages

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 on gains on disposals, when disposal proceeds are reinvested into other qualifying assets.

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-Any form of finance that does not result in a finance liability appearing on a published balance sheet.
+.  ''UK tax - capital gains.''
-On double entry bookkeeping principles, the asset being financed cannot appear either.
+Alternative name for Business Asset Rollover Relief.
-The effect of such financing and accounting methods is to show the entity's borrowings - and financial risk - at a lower level than they really are.
+.  ''Tax.''
+More broadly, any tax relief that defers tax on gains on disposals, when disposal proceeds are reinvested into other qualifying assets.
-==See also==
-* [[Balance sheet]]
+== See also ==
-* [[Finance]]
+* [[Business Asset Rollover Relief]]
-* [[Finance lease]]
+* [[Chargeable gain]]
-* [[Gearing]]
+* [[Depreciating asset]]
-* [[IFRS 16]]
+* [[Jurisdiction]]
-* [[Liabilities]]
+* [[Partial re-investment]]
-* [[Off balance sheet]]
-* [[Securitisation]]
-* [[Securitisation special purpose vehicle]]
 [[Category:Accounting,_tax_and_regulation]]