Statute
Section 478 — Finance Act 2003: Amount of charge
Text of the provision Official document
Amount of charge 478 1 The taxable amount for the purposes of section 476 (charge on occurrence of chargeable event) is— AG - DA where— AG is the amount of any gain realised on the occurrence of the chargeable event, and DA is the total of any deductible amounts.
2 Section 479 explains what is the amount of any gain realised on the occurrence of a chargeable event.
3 Section 480 specifies what are deductible amounts.
Official source: legislation.gov.uk
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