Wasting asset

From ACT Wiki
Revision as of 17:27, 20 November 2023 by Doug (talk | contribs) (Create page - source - UK HMRC manual - https://www.gov.uk/hmrc-internal-manuals/capital-gains-manual/cg76700)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

1. UK tax.

An asset which has a predictable life that does not exceed 50 years.


Any asset whose value is normally expected to reduce with the passing of time.

See also