Example
A person starts to use plant and machinery partly for non-trade purposes. This requires a disposal value (open market value) to be brought into account. But it also creates a new pool with qualifying expenditure equal to the open market value. (See Chapter 15).
The person then sells the plant or machinery. This requires another disposal value to be brought into account. But that is in the separate, new pool.
Section 61: Disposal events and disposal values
308.This section is based on sections 24(6) and 26(1) of CAA 1990. It gives the general disposal events and the disposal values to go with them.
