Related Commentary  

1(1)  This Schedule applies for the purposes of capital gains tax to–

(a)any direct or indirect disposal of UK land which meets the non-residence condition (whether or not a gain accrues) and which is made on or after 6 April 2019, and

(b)any other direct disposal of UK land on which a residential property gain accrues and which is made on or after 6 April 2020,

but this Schedule does not apply to excluded disposals.

1(2)  A disposal is an excluded disposal if–

(a)it is a disposal on which, as a result of any of the no gain/no loss provisions, neither a gain nor a loss accrues,

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