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Home > QFINANCE Dictionary > Definition of chargeable gain

Definition of

chargeable gain

Tax

profit liable to capital gains tax a profit from the sale of an asset that is subject to capital gains tax.

Related definitions of "chargeable gain"

Recommended Further Reading (Term count)
  • Understanding the True Cost of Issuing Convertible Debt and Other Equity-Linked Financing
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    Convertible securities (CSs) and other equity-linked instruments combine debt and equity. Depending on the terms and the issuer’s future performance, CSs can range from almost pure equity to an option-free bond. In option terms, a CS can be viewed in two ways. It amounts to a straight bond with a call option on a specified number of shares. It is also effectively a share with a put option whose exercise price is the market value of the...
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  • Acquiring a Company

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    in acquiring the seller’s company. The assets will be acquired at the current market value, which will give them a high base cost in terms of capital gains tax. The purchase will, therefore, attract maximum capital allowances. The seller can obtain certain reliefs against capital gains tax. Overall, a

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Definitions of ’chargeable gain’ and meaning of ’chargeable gain’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’chargeable gain’ and other financial terms with our online QFINANCE Financial Dictionary.

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