Page 48 - F6 - Capital Gains Tax - Base Cost
P. 48

Depreciable assets formulae (par 30(4))



       Use when:




      expenditure has been incurred before and on/after VD


       AND



      asset qualifies for capital allowances (depreciable asset)



       AND


      the proceeds (not reduced by recoupments) >                                                                                Capital


          expenditure (not reduced by capital allowances)                                                                           profit
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