Dealing with HMRC – policy paper

Capital Gains Business Asset Rollover Relief

This Tax Information and Impact Note explains payment entitlements under the Basic Payment Scheme for Business Asset Rollover Relief.



Rollover relief allows Capital Gains Tax and Corporation Tax on chargeable gains to be deferred where the proceeds from disposing of certain qualifying assets are reinvested into new qualifying assets. This helps businesses modernise and expand.

The measure ensures farmers are not disadvantaged by changes to the European Union’s agricultural subsidy scheme.