Commentary

D8.370 Deferral relief generally

Corporate tax
Corporate tax | Commentary

D8.370 Deferral relief generally

Corporate tax | Commentary

Deferral relief

D8.370 Deferral relief generally

An investing company that realises a chargeable gain on a disposal1 of shares that qualified for investment relief which has not been withdrawn may defer some or all of that tax charge if it makes a qualifying investment2.

This deferral relief is only available where the investing company held the shares continuously from the time they were issued3.

Gains may be deferred more than once as there are no restrictions to the contrary.

In order to defer some or all of the gain, an amount equal to some of or all of the gain must be

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