CG17033 - Rebasing for companies: halving relief for deferred gains pre-31/3/82: list of specified postponed charges
Example
In Example 1 at CG17002 suppose that C Ltd reinvested the proceeds in 1987 in a depreciating asset and made a claim under CGTA79/S117 (2) instead of Section 115.
»Ê¹ÚÌåÓýapp postponed charge will crystallise in 1993 when the replacement asset is sold, but only half the postponed charge is actually charged if relief is claimed under TCGA92/SCH4.