Special rules applied to assets that were held when CGT and corporation tax on chargeable gains were first introduced on 6 April 1965. Such assets that were still held at 31 March 1982 were necessarily subject to the rules for rebasing to their value at the later date.

Capital Gains Tax

For CGT purposes the 31 March 1982 value will be used for any disposal from 6 April 2008, so the rules for assets that were held at 6 April 1965 are no longer relevant.

Corporation tax

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.