Thread: Quick question
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Old 15-03-2018, 07:00 PM
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Banstead Stig Banstead Stig is offline
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Unless you trade in cars and sold your car as part of that trade, it shouldn't be income.

s.263 TCGA 1992 exempts passenger vehicles from capital gains tax, so you needn't worry about that either.

So I don't think you've got to worry.
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