TCGA92/SCH7AC/PARA4

TCGA92/Sch7AC/Para 4 generally applies the exemptions available under TCGA92/Sch7AC in priority to the ‘no disposal’ etc. rules in

TCGA92/S116(10)

TCGA92/S127 including any case where TCGA92/S127 is applied by another provision (such as TCGA92/S135) and

TCGA92/S192(2)(a)

If, on the assumption that the no disposal rules in question were not to apply, there would be a disposal and a gain (or loss) on the disposal would be exempted (or made non-allowable), then the rule in question does not apply in relation to the subject matter of the exemption.

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.