单词 | chargeable gain |
释义 | chargeable gain chargeable gain In the UK, that part of a capital gain arising as a result of the disposal of an asset that is subject to taxation. Non-chargeable gains include: • gains resulting from proceeds that are taxable under income tax; • gains from exempt assets (seechargeable assets); • gains covered by other exemptions and reliefs (e.g. personal exemption from capital gains tax of £11,100 for 2016–17); • gains not charged in full or at all owing to the system of entrepreneurs’ relief. |
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