TCGA92/SCH3/PARA3

Where capital allowances or renewals allowances have been given in respect of expenditure actually incurred by a person in providing an asset, the following Sections must be considered when that asset is disposed of.

TCGA92/S41 (restriction of losses by reference to capital allowances and renewals allowances: see CG15410), and

TCGA92/S47 (wasting assets qualifying for capital allowances: see CG15440).

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