DEFINITION
Chargeable Gain

"Chargeable gain": UK Corporation tax. The amount of the realised increase in the value of a capital asset, as calculated for Corporation Tax purposes. In the UK, individuals and partnerships are liable to Capital Gains Tax on their capital gains, while companies are liable to Corporation Tax on their 'chargeable gains'.
Loading conversations.
Similar or Related Terms
Statistics
272
Characters
51
Words
45.76
Flesch Reading Ease
11.1
Flesch Kincaid Grade