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HMRC internal manual

Company Taxation Manual

Corporation Tax: chargeable gains

Chargeable gains arising to companies are computed in accordance with CGT principles as if:

  • accounting periods were years of assessment, and
  • references to IT were references to CT.

The CG manual guidance applies, with any necessary adaptations.

For detailed guidance on:

  • chargeable gains arising to companies see CG40200+,
  • chargeable gains issues relating to groups of companies see CG45000+.