– see also Re-investment relief; Retirement relief

Amount of

Associated disposals

Legislation/Regulatory – TCGA92 s. 169P

Generally

Legislation/Regulatory – TCGA92 s. 169N

Trust disposals

Legislation/Regulatory – TCGA92 s. 169O

Associated disposals

Disposals on or after 18 March 2015

Commentary – Quick Overview ¶15210

Disposals prior to 18 March 2015

Commentary – Quick Overview ¶15210

Generally

Commentary – 7.2
Legislation/Regulatory – FA2015 s. 41 ; TCGA92 s. 169K, 169P
HMRC Guidance – CG63995

Material disposal

Commentary – Tax Reporter ¶573-000
HMRC Guidance – CG63995

Restrictions on relief

Commentary – Tax Reporter ¶573-050

Availability of

Commentary – 7.2

Background

Commentary – Tax Reporter ¶572-500

Business asset roll-over

Commentary – Tax Reporter ¶570-350

Business assets (definition)

Commentary – 7.2

Claims for

Legislation/Regulatory – TCGA92 s. 169M

Company share option plans

Commentary – Dalby on Employee Share Schemes - Equity Reward for Private Companies 14.3.3

Computation

Commentary – Tax Reporter ¶572-550

Corporate partnerships

Commentary – Tax Reporter ¶287-335

Definitions

Legislation/Regulatory – TCGA92 s. 169S

Delayed sales

Commentary – 7.2

Denial of

Commentary – Tax Reporter ¶287-800

Disposal by trustees

Commentary – Tax Reporter ¶287-290

Disposal of shares, enterprise management incentives

Legislation/Regulatory – FA2013 Sch. 23 ; TCGA92 s. 105(4), (5), 106A(6A), (6B), 169I(7A)-(7R)

Disposals (pre-18 March 2015)

Commentary – Tax Reporter ¶572-725

Disposals by trustees

Commentary – Quick Overview ¶15215

Disposals of relevant EMI shares made on or after 6 April 2013

Commentary – Quick Overview ¶15200

EMI options

Commentary – Tax Reporter ¶466-720 ; Dalby on Employee Share Schemes - Equity Reward for Private Companies 5.7.2

Enterprise investment scheme

Legislation/Regulatory – FA2008 Sch. 3, para. 8
HMRC Guidance – CG63950 ; CG64170

Enterprise management incentives

Legislation/Regulatory – FA2013 Sch. 23 ; TCGA92 s. 105(4), (5), 106A(6A), (6B), 169I(7A)-(7R)

Examples

Commentary – Tax Reporter ¶287-350
HMRC Guidance – CG63980 ; CG63995 ; CG64000 ; CG64145

Exclusion of goodwill in certain circumstances

Legislation/Regulatory – FA2015 s. 42
HMRC Guidance – CG64005

Furnished holiday lettings

Legislation/Regulatory – TCGA92 s. 241(3A)

Generally

Commentary – CGT and the Private Residence ¶110-010 ; Quick Overview ¶15180 ; Key Data ¶7-000 ; Key Data ¶7-050

Gifts of business assets, interaction with

Commentary – Tax Reporter ¶575-150
HMRC Guidance – CG64137

Goodwill

Anti-avoidance rules

Commentary – Tax Reporter ¶572-625

Held-over gains, chargeable

Commentary – Quick Overview ¶15220

Hold-over relief

Commentary – Tax Reporter ¶570-350

Holding company of trading group

Commentary – Quick Overview ¶15195 ; Tax Reporter ¶572-700
HMRC Guidance – CG64090 ; CG64100

Incorporation relief, interaction with

Commentary – Tax Reporter ¶574-250
HMRC Guidance – CG60210 ; CG64136

Joint venture companies and qualifying shareholdings

Commentary – Tax Reporter ¶572-750

Lifetime limit

Commentary – Tax Reporter ¶572-570

Limit

Legislation/Regulatory – TCGA92 s. 169N(3)

Main residence relief (interaction with)

Commentary – 7.5

Material disposal of business assets

Legislation/Regulatory – FA2013 Sch. 24, para. 1 ; TCGA92 s. 169I

Material disposals

Business or part of business

Commentary – Tax Reporter ¶572-875
HMRC Guidance – CG64015

Company ceasing to be a trading company

Commentary – Tax Reporter ¶572-960
HMRC Guidance – CG63975

Conditions

Commentary – Tax Reporter ¶572-800

Disposal of assets after discontinuance

Commentary – Tax Reporter ¶572-900

Disposal of shares in personal company

Commentary – Tax Reporter ¶572-950

Disposal of whole or part of business

Commentary – Tax Reporter ¶572-850

Relevant EMI shares

Commentary – Tax Reporter ¶572-970

Material disposals by individuals

Business or part of a business

Commentary – Quick Overview ¶15200

Disposal of assets after business discontinued

Commentary – Quick Overview ¶15200

Disposal of shares in personal company or EMI shares

Commentary – Quick Overview ¶15200

Need to be an employee

Commentary – Kirk on Employment Status 3.6.7 ; Kirk on Employment Status 7.1

Non-domiciliaries and temporary residents

Commentary – Tax Reporter ¶572-590

Ordinary share capital

Commentary – Quick Overview ¶15190

Overseas property

Commentary – 7.2

Personal company

Commentary – Quick Overview ¶15190 ; Tax Reporter ¶572-650
HMRC Guidance – CTM00514

Profits and assets test: partnerships

Commentary – Tax Reporter ¶572-715

Qualifying business disposal

Commentary – Tax Reporter ¶572-500 ; Tax Reporter ¶572-560

Qualifying business disposals

Legislation/Regulatory – TCGA92 s. 169H

Qualifying for relief

Commentary – Dalby on Employee Share Schemes - Equity Reward for Private Companies 5.7.1

Rate of capital gains tax

Legislation/Regulatory – TCGA92 s. 169H

Rate of tax reduction

Commentary – Tax Reporter ¶572-580

Relevant business assets

Commentary – Tax Reporter ¶572-600
Legislation/Regulatory – TCGA92 s. 169L

Relevant EMI shares

Commentary – Quick Overview ¶15205

Relevant gains and losses

Commentary – Tax Reporter ¶572-560

Reorganisations

Generally

Legislation/Regulatory – TCGA92 s. 169Q

Qualifying corporate bonds

Legislation/Regulatory – TCGA92 s. 169R

Reorganisations and deferred gains

Eligibility conditions

Commentary – Tax Reporter ¶573-500

Enterprise investment schemes

Commentary – Tax Reporter ¶573-450 ; Tax Reporter ¶573-500

Generally

Commentary – Tax Reporter ¶573-300

Qualifying corporate bonds

Commentary – Tax Reporter ¶573-330 ; Tax Reporter ¶573-350 ; Tax Reporter ¶573-400

Relief for social investments

Commentary – Tax Reporter ¶573-500

Venture capital trusts

Commentary – Tax Reporter ¶573-450

Restriction to relevant business assets

Goodwill transferred to related party

Commentary – Quick Overview ¶15185

Shareholding test: JVC

Commentary – Tax Reporter ¶572-710

Trading company

Commentary – Quick Overview ¶15195 ; Tax Reporter ¶572-700
Legislation/Regulatory – FA2015 s. 43
HMRC Guidance – CG64081 ; CG64084 ; CG64090 ; CG64100

Trading group

Commentary – Tax Reporter ¶572-700
HMRC Guidance – CG64090 ; CG64100

Transfer of business

Commentary – Tax Reporter ¶286-735

Trust business assets, disposal of

Amount qualifying for relief

Legislation/Regulatory – TCGA92 s. 169O

Generally

Legislation/Regulatory – TCGA92 s. 169J

Trustees, disposals by

Generally

Commentary – Tax Reporter ¶358-400 ; Tax Reporter ¶573-100

Non-qualifying beneficiaries

Commentary – Tax Reporter ¶573-250

Qualifying beneficiary

Commentary – Tax Reporter ¶287-290 ; Tax Reporter ¶573-200

Qualifying disposals

Commentary – Tax Reporter ¶573-150

Trusts (not generally available for)

Commentary – 6.6

Venture capital trusts

Legislation/Regulatory – FA2008 Sch. 3, para. 8

Voting rights test: JVC

Commentary – Tax Reporter ¶572-710

Voting rights test: partnerships

Commentary – Tax Reporter ¶572-715

Whole or part of business

Commentary – 7.3