Taper

Taper

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I personally own premises from which i run my sole trade from (car sales) - can anyone confirm that i will get business asset taper relief.
Eric

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By AnonymousUser
13th Sep 2005 09:57

Yes
To the extent that property is actually used for business purposes (a house, for example, used 25% for business - 25% of the gain would in theory attract BATR, but there is a quirk in 'interaction' (a misnomer since the two are mutually exclusive) of taper relief and PPRR)

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