Tax on chargeable gains: general principles

This note is a general summary of the UK rules applying to the taxation of chargeable gains. It describes what chargeable gains are, which assets are affected, when disposals arise, the way in which gains are calculated and the manner in which they are taxed, exceptions from taxation, anti-avoidance rules and how allowable losses may be used.

This note is intended as a general overview, so you should be aware that the tax treatment in a particular case may differ from the general position described in this note.

Request a free trial

To access this resource and thousands more, register for a free, no-obligation trial of Practical Law. Register using the button below, telephone +44 (0)20 7202 1220 or e-mail info@practicallaw.com.

A free trial will give you:

Unlimited access to Practical Law online know-how
Thousands of market standard documents and clauses
Daily alerts and weekly update e-mails on key legal developments in your practice area
 

Register

Log in

To access this resource, log in below or register for free access.

Contact us

Our customer services team are available every working day 8.30am to 7pm (GMT).

{ "siteName" : "PLC", "objType" : "PLC_Doc_C", "objID" : "1247243624646", "objName" : "Tax on chargeable gains general principles", "userID" : "2", "objUrl" : "http://uk.practicallaw.com/cs/Satellite/resource/1-205-7008?service=tax", "pageType" : "Resource", "academicUserID" : "", "contentAccessed" : "false", "analyticsPermCookie" : "2-201d7f9f:145935cac66:13f4", "analyticsSessionCookie" : "2-201d7f9f:145935cac66:13f5", "statisticSensorPath" : "http://analytics.practicallaw.com/sensor/statistic" }