Commentary

C3.1603 Holdover relief for gifts of non-business assets—gifts of direct or indirect interests in UK land to non-residents

Capital gains tax
Capital gains tax | Commentary

C3.1603 Holdover relief for gifts of non-business assets—gifts of direct or indirect interests in UK land to non-residents

Capital gains tax | Commentary

C3.1603 Holdover relief for gifts of non-business assets—gifts of direct or indirect interests in UK land to non-residents

A gift of direct or indirect interests in UK land (before 6 April 2019 and after 5 April 2015, a UK residential property interest) by a UK resident transferor to a transferee who is not resident in the UK qualifies for holdover relief in a similar way to that outlined in C3.16011. The full amount of the gain that would otherwise have been chargeable may be held over and no chargeable gain arises at the time of the disposal, although the amount

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