Definitions for "Roll-over Relief"
A tax concession which allows investors and businesses to defer the payment of CGT. For example, if proceeds from the sale of a fixed asset are re-invested, CGT is not payable until the new asset is sold.
Tax relief that gives you the opportunity to claim from profits that are made from investment that is invested into another.
A way of delaying the payment of capital gains tax by reinvesting profit from the sale of one business asset to another.