Material disposal

The definition of a ‘material disposal’ depends on the type of asset sold:

• material disposal(sale or gift) of whole or part of a sole trade / partnership business

• material disposal (sale or gift) of an asset used in a business

• material disposal (sale of gift) of shares or securities in a trading company

• material disposal (sale or gift) of relevant EMI shares in a company acquired on or after 6 April 2013