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HMRC internal manual

Capital Gains Manual

HM Revenue & Customs
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Life interests: extension to non-life interests: claims


The concession is only to be given where there is a formal claim in writing from thetrustees. A computation on the basis of the concession is not to be regarded as sufficientfor this purpose. The requirement of a formal claim is important because the concessionapplies to all relevant disposals, see CG36381.