Gifts: the 1989 changes
The following changes were made for gifts after 14 March 1989:
- the rules for gifts of business assets in CGTA79/S126 were amended, see CG66740+
- the relief for gifts of any assets in FA80/S79 were withdrawn, see CG66750+
- CGTA79/S147A was introduced which provided for gifts hold-over relief to continue in certain limited circumstances.