CG12850 - Hire purchase: what this chapter is about

This guidance tells you about the Capital Gains Tax treatment of:

• transactions involving hire purchase agreements
• transactions involving multiple agreements.

If you need help with:

• the date of disposal under a contract, see CG14250+
• disposals using the grant of an option, see CG12300+
• disposals involving sale and leaseback agreements, see CG70774
• deferred consideration, see CG14850+.

This guidance is generally written from the point of view of the person disposing of the asset. Where, exceptionally, the person acquiring it is treated differently this is made clear.