TCGA92/S53 (3) provides that in determining the amount of RAE, you take account of any provision in the Capital Gains legislation which, for the purpose of computing the gain, increases, excludes or reduces the whole or any part of the expenditure or provides for it to be written down.
Adjustments to Expenditure
(1)Examples of increases include items which have been specifically included within TCGA92/S38 (1)(a) or (b) such as those amounts charged as employment income which are listed in TCGA92/S120, see CG56300+.
(2)Exclusions include expenditure deductible in computing income or profits (TCGA92/S39, see CG14305).
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