For there to be a charge to capital gains tax, there must be a disposal (see ¶514-000). If the legislature wishes to impose a charge to capital gains tax on a transaction or event which is not in the ordinary sense a disposal, it may deem the transaction or event to be a disposal for the purposes of the charge to tax. For commentary on the nature of the ‘deeming’ device, and its limitations, see ¶104-320.

The following non-exhaustive list contains examples of when the legislation deems there to be a disposal, even if the transaction or event would not fall within the commonly understood meaning of the word:

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