UK HMRC Provides Guidance on Corporation Tax When Selling Business Assets
On 16 January 2025, UK HMRC published guidance on Corporation Tax when you sell business assets.
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1. Overview
Your limited company usually pays Corporation Tax on the profit ('chargeable gain') from selling or disposing of an asset.
Company assets
Assets are things your company owns, such as:
- land and property
- equipment and machinery
- shares
Who pays Corporation Tax
Corporation …
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