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Business Asset Disposal Relief (UK) Knowledge Check

Sharpen your business asset disposal relief (uk) skills with algorithmically generated problems. Each attempt produces unique values to test your formula knowledge.

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A business owner has a lifetime allowance of £1,000,000 for Business Asset Disposal Relief. If they sell two assets, one for 329000 with an original purchase price of 406000, and the other for 512000 with an original purchase price of 255000, what is the remaining allowance after the claim?

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