C

    Corporation tax - Chargeable gains - General principles - 9000

    The basic principles involved in calculating chargeable gains are common to both individuals and companies (¶45000+). There are a number of further provisions relating only to companies, and...

    Corporation tax - Chargeable gains - Computational aspects - 9060

    As the capital gains tax rules, within which gains and losses for companies are calculated, have changed so much over time, there are particular choices to be made with regards to the value of...

    Corporation tax - Chargeable gains - Particular situations - Summary - 9540

    Transaction ¶¶ No gain/no loss disposals ¶9550+ Appropriations to/from trading stock ¶9605+ Change of residence ¶9645+ Non-resident company disposing of UK land ¶9670+ Liquidation ¶9685...

    Corporation tax - Chargeable gains - Particular situations - Disposals of assets with heldover gains - 9715

    In some cases a company may receive, and then dispose of, an asset where a gain has been subject to gift relief (¶51550+) or rollover relief (¶51230+). The heldover or rolled over gain will...

    Corporation tax - Chargeable gains - Shares and securities - 9765

    Shares and securities are subject to a number of special rules. For companies only, certain disposals of shares are exempt from tax. Shares which do not fall within this exemption give rise to chargeable...

    Corporation tax - Chargeable gains - Anti-avoidance - 10060

    To prevent companies undertaking artificial transactions to avoid tax, anti-avoidance provisions apply in the following circumstances: - depreciatory transactions; - dividend stripping; and - manipulation...

    Capital gains

    Capital gainsRatesChargeable persons2018/192019/202020/21Individuals - general rates* (Individuals rate applicable to gains on residential property, where not covered by exemption or relief)10%/20%10%/20%10%/20%Trustees...

    Capital gains

    Capital gainsRatesChargeable persons2018/192019/202020/21Individuals - general rates* (Individuals rate applicable to gains on residential property, where not covered by exemption or relief)10%/20%10%/20%10%/20%Trustees...

    Capital gains

    Capital gainsRatesChargeable persons2018/192019/202020/21Individuals - general rates* (Individuals rate applicable to gains on residential property, where not covered by exemption or relief)10%/20%10%/20%10%/20%Trustees...

    Reduced price trap

    For Capital Gains Tax (CGT) purposes the key date is always the date of the contract. However, a recent case focused on a late reduction in price creating a new later date for CGT. What’s changed?