My bookmarksSign up free
Capital Allowances Act 2001

Capital Allowances Act 2001 s 522

s 522 Adjusted net cost

The amount of the adjusted net cost in relation to a dwelling-house is— where— S is the starting expenditure attributable to the dwelling-house, P is the amount of any proceeds from the balancing event, I is the number of days in the relevant period of ownership on which the dwelling-house was a qualifying dwelling-house, and R is the number of days in the whole of the relevant period of ownership.

Read this section in the full act → · Open its part →

Read the official text ↗

Contains public sector information licensed under the Open Government Licence v3.0.

What to look at next