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

HMRC internal manual

Capital Gains Manual

HM Revenue & Customs
, see all updates

Absolute entitlement: losses of trustees: connected persons

TCGA92/S71 (2) is not prevented from applying by the fact that the trustees and the beneficiary becoming absolutely entitled are connected persons, see CG14590+. TCGA92/S18 (3), see CG14561, does not override Section 71 (2).