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HMRC internal manual

Capital Gains Manual

Restrictions: capital losses: introduction: general


FA94 introduced amendments to TCGA92/SCH7A. These amendments

  • corrected certain deficiencies in the original provisions, and
  • made consequential changes following the restriction on the extent to which indexation can create, or increase, losses on disposals on or after 30 November 1993, see CG17700+.

These amendments are described in detail in the relevant instructions.