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HMRC internal manual

Capital Gains Manual

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.