Without additional legislation an individual could avoid the charge under TCGA92/S10** in certain cases by either transferring assets abroad before disposing of them or by delaying disposal until after the end of the year of assessment in which the branch or agency activities ceased. To prevent this, TCGA92/S25 deems a disposal to take place on the happening of certain events.

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.