Halving relief is available where gains have been rolled over, held over or postponed on the acquisition of a new asset. The distinction being made between those rules that give relief by making an adjustment to the capital gains cost of the new asset and those that postpone a gain until the new asset is disposed of or there is some other trigger event.

The gains which may be subject to a claim for halving relief are listed in CG16989.

Rolled-over or held-over gains, TCGA92/SCH4/PARA2

Halving relief is available when the new asset is later disposed of and the following conditions are satisfied:-

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