Commentary

C3.1324 Investors' relief—calculating and claiming the relief

Capital gains tax
Capital gains tax | Commentary

C3.1324 Investors' relief—calculating and claiming the relief

Capital gains tax | Commentary

C3.1324 Investors' relief—calculating and claiming the relief

Subject to the £10m lifetime limit and a claim being made, where all of the shares in the holding disposed of are qualifying shares and, in the case of a disposal by trustees, where they meet the criteria in C3.1322, the gain on the disposal, after deduction of any allowable capital losses, is taxable at 10%1.

The claim must be made on or before the first anniversary of the 31 January following the tax year in which the disposal is made. In the case of a disposal by trustees, the claim must be made

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