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

Losses and other reliefs: gifts hold-over

A claim may be made for the gain on the occasion of absolute entitlement to be held over. CG66880+ sets out the occasions on or after 14 March 1989 in which it is possible to make a claim. The most likely examples are

  • where the assets are Unquoted Shares
  • where the assets are Business Assets
  • a chargeable transfer for Inheritance Tax purposes, normally where the property was previously held on discretionary trusts and
  • where the property was previously held on accumulation and maintenance trusts.