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

Restrictions: capital losses: introduction: general: FA2006 changes

FA06/S70 introduced TCGA92/S184A and TCGA92/S184C - F which are additional provisionsto prevent capital loss buying where a group acquires a company for the purpose ofacquiring a tax advantage. The tax advantage purpose need not be the only reason foracquiring the company, but it does need to be a main purpose. TCGA92/S177A andTCGA92/SCH7A continue to apply in all other cases.