CG14500 - Consideration for disposal: meaning of consideration
There is no definition of consideration in the Capital Gains Tax legislation. You should bear in mind that it is a technical legal term of some complexity. In cases governed by Scottish law, the word 바카라 사이트˜consideration바카라 사이트™ must bear its English meaning.
CONSIDERATION CAN BE ANY FORM OF VALUE RECEIVED. It can take the form of money바카라 사이트™s worth as well as money. It includes the capitalised value of rights to receive income, see CG14504+. It also includes being given a non-assignable benefit or relief from liabilities.
Consideration can include:
- sterling money
- the value of any asset, other than sterling money, received in exchange for the asset disposed of
- the capitalised value of the right to receive income or payments in the nature of income
- the capitalised value of relief from liability, for example to pay maintenance or rent or to repay a loan
- the capitalised value of the benefit of free or low-interest loans
- the capitalised value of the benefit of rights to obtain goods or services free or at a discount.
Consideration - Money바카라 사이트™s worth
There is no statutory definition of 바카라 사이트˜money바카라 사이트™s worth바카라 사이트™ and so the words have their everyday meaning of worth, measured in money.