C cremeegg Registered User Messages 4,165 11 May 2020 #21 jim said: I take your point that tax treatment based on market value not nbv. Click to expand... Get real, what do you expect the market value of an 8 year old galvanised steel shed to be.
jim said: I take your point that tax treatment based on market value not nbv. Click to expand... Get real, what do you expect the market value of an 8 year old galvanised steel shed to be.
C cloughy Registered User Messages 342 11 May 2020 #22 If market value is above tax written down value then com0any has a chargable gain, and if transfer to owner below market value then you have received a benefit.
If market value is above tax written down value then com0any has a chargable gain, and if transfer to owner below market value then you have received a benefit.
R RedOnion Frequent Poster Messages 7,273 12 May 2020 #23 cremeegg said: 8 year old galvanised steel shed Click to expand... Well, it's an expensive 'galvanised shed' to begin with... wildeoscar said: It's a bit more than a garden shed (cost would be EUR25,000 approx.). Click to expand... I'd be upset if I spent that much and it was worthless after a few years.
cremeegg said: 8 year old galvanised steel shed Click to expand... Well, it's an expensive 'galvanised shed' to begin with... wildeoscar said: It's a bit more than a garden shed (cost would be EUR25,000 approx.). Click to expand... I'd be upset if I spent that much and it was worthless after a few years.