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Home / Simons-Taxes /Capital gains tax /Part C2 Computation of chargeable gains /Division C2.1 Disposal consideration /Disposal consideration and capital gains / C2.101 Disposal consideration for capital gains—overview
Commentary

C2.101 Disposal consideration for capital gains—overview

Capital gains tax

Contents of Part C2

C2.1ÌýÌýÌýÌý Disposal consideration

C2.2ÌýÌýÌýÌý Allowable expenditure for capital gains

C2.3ÌýÌýÌýÌý Indexation allowance

C2.4ÌýÌýÌýÌý Part disposals

C2.5ÌýÌýÌýÌý Compensation and insurance receipts

C2.6ÌýÌýÌýÌý Assets held on 31 March 1982

C2.7ÌýÌýÌýÌý Shares and securities disposals—computational rules

C2.8ÌýÌýÌýÌý Shares and securities—special cases

C2.9ÌýÌýÌýÌý Wasting assets

C2.10ÌýÌýÌýÌý Options

C2.11ÌýÌýÌýÌý Land and interests in land

C2.12ÌýÌýÌýÌý Leases and capital gains tax

[C2.13]ÌýÌýÌýÌý [Removed]

Division C2.1ÌýÌýÌýÌý Disposal consideration

For updates affecting this Division please see Part C0 Updates

Disposal consideration and capital gains

C2.101 Disposal consideration for capital gains—overview

When a person disposes of an asset and makes a profit which is capital in nature the profit may be a taxable capital gain. For individuals they will pay capital gains tax on that gain, companies include the capital gain (known as a chargeable gain) in their total profits and pay corporation

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