Chargeable assets

Chargeable assets are those where a gain on disposal of the asset by the person in question would be a chargeable gain, assuming that

the disposal was not in the course of a trade, profession or vocation carried on by that person,

TCGA92/S100 (exemption for authorised unit trusts etc.) does not apply, and

chargeable gains that might accrue under TCGA92/S116 (10) (CG53820 onwards) are disregarded.

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