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HMRC internal manual

Capital Gains Manual

Reliefs: employee-ownership trusts: conditions: the 'trading requirement'


Provides that C must meet the ‘trading requirement’, see CG67830,

  • at the time of the disposal and
  • for the remainder of the tax year in which that time falls.


C meets the ‘trading requirement’ if it is  

  • a trading company that is not a member of a group, see CG67830, or
  • the principal company of a trading group, see CG67831.