Capital Gains and Business Assets

When your limited company sells equipment, property, shares or other assets, you'll usually need to pay Corporation Tax on any profit you make. This profit is called a 'chargeable gain', and working it out involves more than simply subtracting what you paid from what you recei...

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Indexation Allowance is a tax relief that helps companies account for inflation when calculating capital gains for Corporation Tax purposes. It reduces the taxable gain on asset disposals by adjusting the purchase cost for inflation between acquisition and disposal, meaning yo...

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