Commentary

C3.501 Holdover relief for gifts of business assets—overview

Capital gains tax
Capital gains tax | Commentary

C3.501 Holdover relief for gifts of business assets—overview

Capital gains tax | Commentary

Division C3.5     Holdover relief for gifts of business assets

For updates affecting this Division please see Part C0 Updates

Holdover relief for gifts of business assets—generally

C3.501 Holdover relief for gifts of business assets—overview

This Division describes the CGT holdover relief which can be claimed under TCGA 1992, s 165 in respect of gifts of business assets1. For details of the relief which can be claimed under TCGA 1992, s 260 for gifts of certain non-business assets see Division C3.16.

A reference to a gift includes a reference to a disposal other than at arm's length, so for example, a sale at

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