TTM08000 - Chargeable Gains: contents

Introduction

This section explains how capital gains and losses made by tonnage tax companies are treated. It also explains the rules on roll over relief for tonnage tax companies.

Outline

  1. TTM08001
    Outline
  2. TTM08010
    Treatment of gains and losses
  3. TTM08020
    Treatment of gains and losses - Capital losses

Tonnage tax assets

  1. TTM08100
    Meaning of tonnage tax asset
  2. TTM08110
    Asset used by another company
  3. TTM08120
    Asset which is not tonnage tax asset

Time apportionment

  1. TTM08200
    Time apportionment
  2. TTM08210
    Computation
  3. TTM08220
    Disposals by non-tonnage tax companies
  4. TTM08230
    Example

Roll-over relief

  1. TTM08300
    Roll-over relief - introduction
  2. TTM08310
    New asset is a tonnage tax asset
  3. TTM08320
    Non-depreciating asset becomes a tonnage tax asset
  4. TTM08330
    Depreciating asset becomes a tonnage tax asset