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    Capital gains tax - Specific types of disposal - Capital sums derived from assets - Compensation receipts - Lost or destroyed assets - 48165

    Where a capital sum such as compensation, or a payment under an insurance policy, is received for an asset which has been lost or destroyed, the capital sum received will be treated as disposal proceeds....

    Capital gains tax - Specific types of disposal - Special relationship with the seller - Gifts - Reliefs - 48355

    Certain reliefs and/or special treatments are available for the following types of gift: Type of gift Relief/treatment Reference ¶¶ Business assets Gift holdover relief s 165 TCGA 1992 ¶51585 Unlisted...

    Capital gains tax - Specific types of asset - Other assets - Sundry provisions - Negligible value assets - Criteria - 50160

    Any asset may be subject to a negligible value claim, once its value has become negligible. When considering buildings, HMRC will accept a negligible value claim based solely on the value of...

    Capital gains tax - Reliefs - Reliefs for business assets - II. Rollover relief - The original asset - Qualifying type - 51270

    The asset must also fall within one of the qualifying classes as shown in the table below. 1. Rollover relief may be available on the grant of an option over land in the UK, if the underlying...

    Get a bigger home tax efficiently

    You have a golden opportunity to buy a palatial property by the sea to replace the small apartment you own as a holiday home. The trouble is the capital gains tax from the sale of the apartment...