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PTP TR - Formula used for the cost figure on a part disposal of a land and property asset

Article ID
kba-03158
Article Name
PTP TR - Formula used for the cost figure on a part disposal of a land and property asset
Created Date
7th December 2012
Product
Problem

On a capital gains supplement page, what is formula for calculating the cost which is used in the disposal calculation for a part disposal of a land and property asset?

Resolution

The original cost is multiplied by A/(A+B) where A is the proceeds and B is the part retained

 

Original Cost x (A/(A+B)) = Cost used in the disposal calculation

 

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