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Reply: 2.1.1.1.1.1 From: Waverly Bay Thanks for the replies. Just to clarify, does (b) above involve reducing the cost base of the IP by both building depreciation AND plant/fittings depreciation? If only the building depreciation is included in the CGT calc (as some of you have...

Reply: 2.1.1 From: Waverly Bay To Dale and anyone else-familiar-with-the-new CGT rules: If the cost base of the IP is reduced by the depreciation claimed.... then upon sale, is the entire capital gain then subject to the new 50% taxation treatment (assuming all conditions satisfied eg: 1...