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.