‘Replacement rollover relief’ (see ¶15120) applies only to the following classes of assets used only for the purposes of a trade.

Buildings and land occupied for the purposes of the trade, provided the trade is not one of dealing in or developing land nor one of providing services for the occupier of land in which the trader has an interest or estate.

Fixed plant or machinery which does not form part of a building. Movable plant or machinery is ineligible for rollover relief for business assets.

Ships, aircraft and hovercraft.

Satellites, space stations and spacecraft (including launch vehicles).


Milk quotas and potato quotas.

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