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Rollover Relief

My reading of TCGA 1992 s152(7) is that if the asset is not used at all for a period (as opposed to being put to non-business use), then that period of non-use will also restrict rollover relief. Dissenting and agreeing comments welcome.

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Agree

It's the period of trade use that determines the bit of the asset that is treated as the old trade asset.  It doesn't matter whether, during the period of non-trade, the asset is used for something else or just sits there doing nothing.

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