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Knowledge Bank >Personal Tax & Financial Planning >Capital Gains Tax
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03: Deductions

Certain costs are allowable in computing chargeable gains:

  • The acquisition cost or market value on 31 March 1982 (if you acquired the asset before that date).
  • The costs of acquiring and disposing of the asset.
  • Expenditure on enhancing the asset’s value.

Contents

  • 01: Introduction
  • 02: Disposal of assets
  • 03: Deductions
  • 04: Rate of tax
  • 05: Losses
  • 06: Identification of securities
  • 07: Worked example
  • 08: Main exemptions
  • 09: Other main reliefs
  • 10: Entrepreneurs' relief
  • 11: Residence and domicile status
  • 12: How we can help

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