Corporate Intangibles Research and Development Manual

CIRD20280 - Reinvestment relief: computation: interaction with CG roll-over relief: step guide

Rollover relief on disposal of an asset which is not within new rules (where asset is not a ‘chargeable intangible asset’ (CIA))

Step 1

Was the disposal of a tangible asset before 1 April 2002?

If yes CG relief is available except against acquisition of CIAs, no relief under new rules.

If no go to step 2

Step 2

Was the disposal of an intangible asset before 1 April 2002?

If yes CG relief is available except against acquisition of CIAs, no relief under new rules.

If no go to step 3

Step 3

Was the disposal of a tangible asset on or after 1 April 2002?

If yes CG relief is available except against acquisition of CIAs, no relief under new rules.

If no go to step 4

Step 4

Was the disposal of an intangible asset on or after 1 April 2002?

If yes CG relief available only against acquisitions prior to 1 April 2002, relief available under new rules against acquisition of CIAs (on disposal of other intangibles as well as those qualifying for CG roll-over relief)