Gifts: gifts of business assets: introduction
You will find the rules for relief for gifts of business assets in TCGA92/S165 and TCGA92/SCH7. These apply to disposals made on or after 14 March 1989. CG66911+ tell you about these.
There are also two provisions restricting relief:
- TCGA92/S166 (gifts to non-residents), see CG66912
- TCGA92/S167 (gifts to foreign-controlled companies).