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Overview of chargeable gains of UK resident companies

D1.901 UK resident companies' chargeable gains

A UK resident company's chargeable gains are generally charged to corporation tax¹. However, gains realised on the disposal before 6 April 2019 of high value (ie in excess of £500,000 (£1m before 1 April 2016, £2m before 1 April 2015); see B6.701))² residential properties that fall within the annual tax on enveloped dwellings (ATED) regime (see Division B6.7) are charged to capital gains tax³ (°ä2.1125–C2.1129´¡).

As regards:

1. Ìý

   (a)ÌýÌýÌýÌý the computation of chargeable gains and allowable losses, see Part C2

2. Ìý

   (b)ÌýÌýÌýÌý the reliefs available on the replacement of business assets, see Division C3.3

3. Ìý

   (c)ÌýÌýÌýÌý provisions relating to groups of companies, see Divisions D2.3, D2.4 and D2.5

4. Ìý

   (d)ÌýÌýÌýÌý the capital gains provisions where a company disposes of the whole or part of its business to another company in connection with a scheme of reconstruction, see Division D6.2

5. Ìý

   (e)ÌýÌýÌýÌý the capital gains provisions on a