Finance Act 2019 repealed TCGA 1992, s. 57A and Sch. 4ZZA (the provisions relating to ATED-related CGT) with effect from 6 April 2019. This is in consequence of the rules that bring all non-UK residents within the scope of either CGT or corporation tax, as appropriate, in respect of all direct or indirect disposals of UK land (see 592-555ff. for commentary). The commentary below relates to disposals prior to 6 April 2019.

Condition D (in former TCGA 1992, s. 2C (¶808-020 above)) for a disposal to be a ‘relevant high value disposal’ is that the amount or value of the consideration for the disposal exceeds the ‘threshold amount’.

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