OT30160 - Capital Gains

Allowable Costs. Part Disposals.

Where only part of a licence interest in a field is disposed of, the normal part disposal rules at TCGA92\s42 will apply requiring that the allowable costs are restricted according to the formula:

Special rules apply to part disposals covered by the provisions at TCGA92\s194 regarding undeveloped areas (see OT30044+.).