Example: tourism industry
CHAPTER 3 – TAX RELIEFS
shares (as is the case with some other reliefs for CGT), but is frozen instead. The base cost of the replacement asset – i.e. the new EIS shares – remains the same for CGT purposes. So in our illustration above, Imran paid £120,000 for the EIS shares and for CGT purposes the cost of the shares remains £120,000. When Imran
Download CHAPTER 3 – TAX RELIEFS
Information
Domain:
Source:
Link to this page: