Commentary

C1.102 Capital gains—chargeable persons

Capital gains tax
Capital gains tax | Commentary

C1.102 Capital gains—chargeable persons

Capital gains tax | Commentary

C1.102 Capital gains—chargeable persons

For a gain or loss to be within the scope of tax on chargeable gains, there must be a chargeable disposal of a chargeable asset by a chargeable person. This article considers who is a chargeable person.

For a discussion of chargeable assets and chargeable disposals, see C1.103 and C1.104.

For a discussion of the computation of chargeable gains and losses, see C1.105. For the rates of tax that apply to chargeable gains, see C1.107.

Persons liable to tax on chargeable gains

Broadly, the liability of particular persons to UK tax on chargeable gains can be summarised below:

PersonLiability to UK tax on chargeable gains and lossesFurther reading
Individuals—UK resident and UK domiciled or deemed domiciledSubject to UK capital gains tax on gains and losses arising on chargeable disposals of worldwide chargeable assets1Liability of individuals to capital gains tax C1.201; Meaning of residence E6.101; Meaning of domicile and deemed domicile E6.300A
Individuals—UK resident and not domiciled or deemed domiciled2 in the UKSubject to UK capital gains tax on3 (a) gains and losses arising on chargeable disposals of UK chargeable assets, and (b) any foreign gains remitted to the UK during the

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