808-040 Calculation of ATED-related gains and losses – the basic framework
Finance Act 2019 repealed TCGA 1992, s. 57A and Sch. 4ZZA (the provisions relating to ATED-related CGT) with effect from 6 April 2019.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.
Former Sch. 4ZZA applied for the purposes of determining whether a gain or loss which is ATED-related, or not ATED-related, accrued to a person in relation to a relevant high value disposal.