As outlined in CG66450, gifts to certain bodies will be treated as taking place for consideration that produces neither a gain nor a loss. This section discusses these in more detail. Gifts fall within these rules if they are to:

Charities, registered community amateur sports clubs or specified institutions

Employee trusts

Housing associations

The nation or various bodies, of assets considered to be national heritage

{#}Charities

Charities and Capital Gains Tax are discussed from CG67500C. The definition of ‘a charity’ for Capital Gains Tax purposes is in FA2010/SCH6, see CG67501.

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