There shall be excluded from the computation of a gain any expenditure which has been or is to be met directly or indirectly by the Crown or by any Government, public or local authority whether in the United Kingdom or elsewhere.
Section 50: Expenditure reimbursed out of public money.
Taxation of Chargeable Gains Act 1992 · 1992 c. 12View on legislation.gov.uk
Part II: General Provisions relating to computation of gains and acquisitions and disposals of assets — Chapter III: Computation of gains: General provisions
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