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

Capital Gains Manual: recent changes

Below are details of the amendments that were published on 5 October 2011 (see the update index for all updates)

CG45900 – CG46395   The cross references in this section do not reflect the changes at this update.  This material will be revised shortly

Page Details of update  
     
  INTRODUCTION AND COMPUTATION (CG10200+)  
CG10200 Guidance expanded by adding the text from both CG10201 and CG10203  
CG10201 Text moved to CG10200 and guidance page deleted  
CG10203 Text moved to CG10200 and guidance page deleted  
CG14580 Amended text from CG14583 included within this guidance page  
CG14583 Text clarified and moved to CG14580. Guidance page deleted  
CG14920 Updated to incorporate a link to the procedural steps involved for CT  
     
  COMPANIES AND GROUPS OF COMPANIES (CG40200+)  
CG45000 New introduction to capital gains group issues  
CG45001 New outline of development of legislation  
CG45100+ Extensively rewritten with fewer pages, omitting obsolete and repetitive material  
CG45300 to CG45351 Rewritten with fewer pages, omitting obsolete material  
CG45355 to CG45357 Updated for Finance Act changes  
CG45400+ Extensively rewritten following Finance Act changes with fewer pages, omitting obsolete and repetitive material. Includes new guidance pages at CG45460 to CG45464 to house text from CG45600 to CG45606  
CG45600 to CG45606 Headings updated and text lifted into CG45460 to CG45464. Original guidance pages deleted.  
CG45971 Alternative collection rights guidance amended to take account of changes to degrouping charge  
CG46500+ Extensively rearranged with fewer pages, omitting obsolete and repetitive material. No significant new content apart from Finance Act 2011 change.  
CG46800+ New final paragraph added to each page in this section flagging up guidance on new value shifting rule in FA 2011  
CG47000+ Section heading updated  
CG47002 New final paragraph added to refer to simplified rules from Finance Act 2011  
CG47010 New final paragraph added to refer to simplified rules from Finance Act 2011  
CG47400+ New guidance on loss streaming rules from Finance Act 2011  
CG47520+ Section heading updated and new final paragraph added to each page in this section referring to simplified rules from FA2011. Also, pages CG48200 to CG48224 put into a new section.  
CG48200+ New section created to house guidance from CG48200 to CG48224  
CG48500+ New guidance for value shifting TAAR  
     
  SHARES AND SECURITIES (CG50200+)  
CG53005 Deleted the word “general” in context of anti-avoidance rule  
CG53006 Updated cross reference  
CG53015 Amended to note the effect of Finance Act 2011  
CG53070 Table updated to show CG53080 now divided  
CG53080 Guidance expanded following Finance Act 2011 changes  
CG53080A New guidance page to house separate guidance on Para 11  
CG53080B New guidance page to house separate guidance on Para 15  
CG53080C New guidance page to house separate guidance on new Para 15A  
CG53104 Updated to explain change in Finance Act 2011  
CG53106 Updated to further explain change in Finance Act 2011 with example  
CG53114 Guidance added on holdings that are not joint ventures, following Revenue & Customs Brief 29/11  
CG53116e New guidance page on holdings in entities without share capital, following Revenue & Customs Brief 29/11  
CG53175 Updated to give an explanation of relevance to the degrouping charge following Finance Act 2011  
CG53215 Amended to note rectification of erroneous repeal in Corporation Tax Act 2009  
CG53235 Updated to give an explanation of impact of changes to the degrouping charge in Finance Act 2011  
     
  RELIEFS (CG60201+)  
CG60780 Updated reference to degrouping charges