GOV.UK
Consultation outcome
Simplification review: capital gains rules for groups of companies
- From:
- HM Treasury
- Published:
- 22 February 2010
This was published under the 2005 to 2010 Labour government
This consultation has concluded
Download the full outcome
Simplification review: capital gains rules for groups of companies – a summary of consultation responses (PDF 852KB)
PDF, 852KB, 42 pages
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Detail of outcome
On 9 December 2010 the Government published a summary of responses to the previous consultation on simplifying the capital gains rules for groups of companies, including revised draft legislation. As announced in the Budget on 22 June 2010, the Government will simplify the capital gains rules for groups of companies in Finance Bill 2011.
Original consultation
This consultation ran from
to
Summary
Views on capital gains rules for groups of companies
Documents
Simplification review: capital gains rules for groups of companies – a consultation document (PDF 565KB)
PDF, 566KB, 57 pages
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Consultation stage Impact Assessment: Proposals to simplify capital gains rules for groups of companies (PDF 60KB)
PDF, 59.8KB, 11 pages
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Consultation description
The Related Companies Simplification Review announcement at the 2007 Pre-Budget Report identified the capital gains rules for groups of companies as an area for simplification.
Consultation document
Since the Related Companies Simplification Review was announced at the 2007 Pre-Budget Report, dialogue between business and the Government has identified the capital gains rules for groups of companies as an area where simplification would be particularly useful.
As announced at the 2009 Pre-Budget Report, the Government today published a full consultation document with detailed simplification proposals, including draft legislation, on capital losses after a change in ownership, value shifting and depreciatory transactions, and degrouping charges.