rollover relief
C2CEFR level
90/100Rarity: very rare
TechnicalRegister
A relief deferring the tax on a gain where the disposal proceeds are reinvested in qualifying replacement business assets.
By reinvesting in new premises, the company claimed rollover relief and deferred the chargeable gain.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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