Page 7 - F6 - Capital Allowances - Intellectual Property & Recoupments

General recoupment (s8(4)(a)) Special

incl.

par (n)
Recoupment (incl.) in gross income if:

 Amounts previously allowed as a deduction/

allowance is recovered

e.g. sold

 Therefore the recoupment will always be limited to

cost (on which allowances were calculated)

 Recoupment = Proceeds Ltd to cost less tax

value
Cost less

allowances

claimed