CGT Flashcards
1
Q
What is the chattel exemption?
A
A gain made on the disposal of a tangible moveable asset is exempt from CGT if the disposal is for a consideration of £6,000 or less.
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What is the chattel exemption?
A gain made on the disposal of a tangible moveable asset is exempt from CGT if the disposal is for a consideration of £6,000 or less.