[Part 4 Direct Disposals of Assets Partly Chargeable before 6 April 2019]
Taxation of Chargeable Gains Act 1992 (1992 c 12) | Legislation

[Part 4 Direct Disposals of Assets Partly Chargeable before 6 April 2019]

[Introduction

12

(1)     This Part of this Schedule applies to any direct disposal of UK land if—

(a)     neither Part 2 nor Part 3 of this Schedule applies to the disposal, and

(b)     the interest in UK land being disposed of was not a post-April 2015 asset that was fully residential before 6 April 2019.

(2)     For this purpose—

(a)     the interest in UK land being disposed of is a “post-April 2015 asset†if it was acquired by the person after 5 April 2015, and

(b)     the asset “was fully residential before 6 April 2019†if, in the period beginning with the day on which it was acquired and

Powered by Lexis+®
 

Popular documents

LEXISNEXIS

Costs and the ‘without prejudice’ rule

Costs and the ‘without prejudice’ ruleCosts determination and the ‘without prejudice’ ruleAn issue for practitioners is whether correspondence marked ‘without prejudice’ can be used against a party when the court comes to determine the issue of costs. The Court of Appeal in Walker v Wilsher (1889)

LEXISNEXIS

Collective investment schemes—essentials

Collective investment schemes—essentialsThis Practice Note examines the definition of a collective investment scheme (CIS) and available exemptions, and the treatment of regulated and unregulated CIS.Definition of a collective investment schemeThe definition of a CIS is contained in section 235 of

LEXISNEXIS

Possession with intent to supply

Possession with intent to supplyPossession with intent to supply a controlled drugIt is an offence for a person to have a controlled drug in his possession, whether lawfully or not, with intent to supply it to another in contravention of section 4(1) of the Misuse of Drugs Act 1971 (MDA

LEXISNEXIS

Tort—the different types of tort

Tort—the different types of tortThis Practice Note identifies the main torts (bar negligence and nuisance, which are covered elsewhere in our related content) and their key characteristics. Specifically:•trespass to land•trespass to the person•privacy/defamation•liability for animals•employers'