Does the isolated disposal of an individual business asset used for a continuing trade qualify for business asset disposal relief (BADR)?

The isolated disposal of an individual business asset used for a continuing trade does not qualify for business asset disposal relief (BADR). BADR is intended to provide relief to individuals who dispose of whole businesses or shares in trading companies, focusing on the sale of business assets that form part of a business as a going concern rather than isolated transactions involving individual assets.

This means that if an individual disposes of a single asset, even though it was used in the business, it does not meet the criteria necessary for BADR. The relief is specifically designed to promote the sale of entire businesses as a whole, rather than separate components of those businesses. Therefore, for a transaction to qualify for BADR, it typically has to involve a more comprehensive disposal scenario, such as the sale of the entire business, rather than isolated transactions.

The other options may suggest conditions that could apply to certain transactions, but they do not align with the core principle that BADR applies to whole business sales rather than the sale of individual assets.