Beta This part of GOV.UK is being rebuilt – find out what this means

HMRC internal manual

Capital Gains Manual

From
HM Revenue & Customs
Updated
, see all updates

Deferred consideration: not instalments of capital sum: land development

ITA2007/S752 (CTA2010/S815)

You need to consider whether the transaction comes within the scope of ITA2007/S752 for income tax (or CTA2010/S815 for corporation tax) if the asset sold is

  • land,

or

  • an interest in land,

or

  • property deriving its value from land, for example shares in a property owning company.

There are detailed instructions in CG72800+.