CG47040 - Targeted anti-loss buying rule - commencement - HMRC internal manual - GOV.UK
- Select a language for the TTS:
- UK English Female
- UK English Male
- US English Female
- US English Male
- Australian Female
- Australian Male
- Language selected: (auto detect) - EN
Play all audios:
Loading...
The new provisions in TCGA92/S184A to F apply where a tax advantage arises on or after 5 December 2005. This can include situations where a loss arose prior to 5 December, but where the gain
that it might otherwise have reduced arises on or after that date.
As explained at CG47034, TCGA92/S184A to F take effect whether or not the loss arises before, at the same time as, or after, the change of ownership, and whether or not there is a chargeable
gain from which it may be deducted at that time.