TTM08000 – Chargeable Gains

Table of contents

Outline

TTM08001Outline
TTM08010Treatment of gains and losses
TTM08020Capital losses

Tonnage tax assets

TTM08100Meaning of tonnage tax asset
TTM08110Asset used by another company
TTM08120Asset which is not tonnage tax asset

Time apportionment

TTM08200Time apportionment
TTM08210Computation
TTM08220Disposals by non-tonnage tax companies
TTM08230Example

Roll-over relief

TTM08300Roll-over relief: Introduction
TTM08310New asset is a tonnage tax asset
TTM08320Non-depreciating asset becomes a tonnage tax asset
TTM08330Depreciating asset becomes a tonnage tax asset


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