CG12740 - Part disposals: indexation allowance: restriction of losses 바카라 사이트� capital allowances: composite acquisition
Indexation allowance
听
provides that the apportionment of the cost on a part disposal is to be made before the indexation allowance is computed, see听CG17352.听听
For disposals on or after April 2008 indexation was withdrawn altogether for non-corporate听entities.
For companies within the charge to corporation tax indexation was frozen from December 2017, see CG17207.
Restriction of losses: capital allowances 바카라 사이트� s41
Under , in the case of an asset subject to capital allowances, the apportionment under听CG12731听should be made first and capital allowances taken into account only to the extent that they relate to the part being disposed of.
If there has been a previous part disposal at a loss and on that disposal capital allowances have been used to restrict the allowable loss, then only the balance of the capital allowances should be used to restrict any further loss on the disposal of the asset in full or in part, see听CG15400+.
Composite acquisition 바카라 사이트� s52(4)
Under , where the asset disposed of was obtained with other assets as part of a composite acquisition (for example, a single contract of purchase at an inclusive price embracing more than one asset), the acquisition price should be apportioned to the respective assets broadly by reference to their market values at the date of acquisition. But where
- a part disposal of a holding of shares follows the reorganisation or reduction of a company바카라 사이트檚 share capital, see听CG51890+, or
- land is acquired by inheritance or gift, see听CG71804, or
- a business is transferred as a going concern, see听CG68050.
If agreement of the apportionment cannot be reached, and one or more of the assets is land in the UK, the assistance of the Valuation Office Agency (바카라 사이트淰OA바카라 사이트�) should be sought, see听CG74000+.