Small businesss cgt rollover relief replacement asset - What is the definition of replacement asset ? Should it be similiar asset to the one sold ? or can it be a asset in different nature ?
490 views
490 views5 replies
5 replies
490 views
5 replies
This thread is archived and the information may not be up-to-date. You can't reply to this thread.
It has to be a active asset.
All replies
It has to be a active asset.
I couldn't find that anywhere . Does it says replacement asset should be an active asset ?
I know that capital gain must be from selling an active asset .
If i sell a farm land, can i use the proceeds to buy a tractor still eligible for rollover relief?
Featured articles
22 Apr 2024 · 6 min read time
15 Apr 2026 · 5 min read time
15 Apr 2026 · 4 min read time