Day: August 4, 2019

Beware disposals to family members – the ‘market value’ rule

At first sight, the calculation of a capital gain or loss on the disposal of an asset is relatively straightforward – simply the difference between the amount received for the sale of that asset and the cost of acquiring (and, where relevant) enhancing it, allowing for the incidental costs of acquisition and disposal. However, as […]

Read More
%d bloggers like this: