TCGA92/SCH4/PARA1, TCGA92/SCH4/PARA2, TCGA92/SCH4/PARA3, TCGA92/SCH4/PARA4

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:-

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.