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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 have already used 49000 of their allowance and sell an asset for 797000 with an original purchase price of 59000, what is the remaining allowance after the claim?

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