Get Hs290

The Hs290 form is used to claim business asset rollover relief, including provisional relief, and compulsory purchase rollover relief. This guide will help you navigate the online form efficiently, ensuring that you provide all necessary details accurately.

Follow the steps to complete the Hs290 form online.

1. Press the ‘Get Form’ button to access the Hs290 form and open it in your selected online editor.
2. In the 'Your details' section, input your title (choose from MR, MRS, MISS, MS, or other). Next, enter your first name(s) and surname.
3. For the 'First new asset' section, provide a description of the asset and the date of acquisition in the format DD MM YYYY. Additionally, enter the costs associated with the asset.
4. Complete the 'Second new asset' section by entering the Unique Taxpayer Reference (UTR) and providing a description of this asset as well.
5. In the 'First old asset' section, describe the asset and input the date of acquisition as well as the disposal date using the format DD MM YYYY. Specify the costs involved.
6. Next, enter the disposal proceeds for the first old asset in the specified field.
7. Repeat step 5 for the 'Second old asset,' detailing its description, along with the date of disposal and proceeds.
8. If you are claiming provisional relief, tick the corresponding box. Review the statement confirming that the particulars given in this claim are correct to the best of your knowledge.
9. Indicate how much of the disposal proceeds you intend to reinvest by entering the amount in the relevant field.
10. Finally, add your signature and enter the date in the format DD MM YYYY before proceeding to save changes, download, print, or share the completed form.

Complete your document online now to ensure a prompt submission.