Taxation of Chargeable Gains Act 1992
Sections and provisions with full text and the judgments that cite each one.
Section 278 — Allowance for foreign tax.
Allowance for foreign tax. 278 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Section 279 — Foreign assets: delayed remittances.
Foreign assets: delayed remittances. 279 1 Subsection (2) below applies where— a chargeable gains accrue from the disposal of assets situated outside the United Kingdom, and b the person charged or…
Section 279A — Deferred unascertainable consideration: election for treatment of loss
Deferred unascertainable consideration: election for treatment of loss 279A 1 Where— a a person (“ the taxpayer ”) makes a disposal of a right to which this section applies (see subsection (2)…
Section 279B — Provisions supplementary to section 279A
Provisions supplementary to section 279A 279B 1 For the purposes of section 279A(1)(c) a person is within the charge to capital gains tax in any year if— a he is chargeable to capital gains tax in…
Section 279C — Effect of election under section 279A
Effect of election under section 279A 279C 1 This section applies where an election is made under section 279A by the taxpayer for the relevant loss to be treated as accruing in an earlier year in…
Section 279D — Elections under section 279A
Elections under section 279A 279D 1 An election under section 279A is irrevocable. 2 Any election under that section must be made by giving a notice in accordance with this section. 3 The notice must…
Section 280 — Consideration payable by instalments.
Consideration payable by instalments. 280 If the consideration, or part of the consideration, taken into account in the computation of the gain is payable by instalments over a period beginning not…
Section 281 — Payment by instalments of tax on gifts.
Payment by instalments of tax on gifts. 281 1 Subsection (2) below applies where— a the whole or any part of any assets to which this section applies is disposed of by way of gift or is deemed to be…
Section 282 — Recovery of tax from donee.
Recovery of tax from donee. 282 1 If in any year of assessment a chargeable gain accrues to any person on the disposal of an asset by way of gift and any amount of capital gains tax assessed on that…
Section 283 — Repayment supplements.
Repayment supplements. 283 1 Subject to the provisions of this section, where in the case of capital gains tax paid by or on behalf of an individual for a year of assessment a repayment of that tax…
Section 284 — Income tax decisions.
Income tax decisions. 284 Any assessment to income tax or decision on a claim under the Income Tax Acts, and any decision on an appeal under the Income Tax Acts against such an assessment or…
Section 284A — Concessions that defer a charge.
Concessions that defer a charge. 284A 1 This section applies where— a a person (“ the original taxpayer ”) has at any time obtained for any chargeable period (“ the first chargeable period ”) the…
Section 284B — Provisions supplementary to section 284A.
Provisions supplementary to section 284A. 284B 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 The total amount of chargeable gains that are treated as accruing to any person…
Section 285 — Recognised investment exchanges.
Recognised investment exchanges. 285 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Section 285A — UK Economic Interest Groupings European Economic Interest Groupings
UK Economic Interest Groupings European Economic Interest Groupings 285A 1 The following rules about UK Economic Interest Groupings and European Economic Interest Groupings apply for the purposes of…
Section 286 — Connected persons: interpretation.
Connected persons: interpretation. 286 1 Any question whether a person is connected with another shall for the purposes of this Act be determined in accordance with the following subsections of this…
Section 286A — Residence of companies
Residence of companies 286A Chapter 3 of Part 2 of CTA 2009 (rules for determining residence of companies) applies for the purposes of— a this Act (so far as relating to capital gains tax), and b any…
Section 287 — Orders and regulations made by the Treasury or the Board.
Orders and regulations made by the Treasury or the Board. 287 1 Subject to subsections (2) and (2A) below, any power of the Treasury or the Board to make any order or regulations under this Act or…
Section 288 — Interpretation.
Interpretation. 288 1 In this Act, unless the context otherwise requires— “ the 1979 Act ” means the Capital Gains Tax Act 1979; . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . “…
Section 289 — Commencement.
Commencement. 289 1 Except where the context otherwise requires, this Act has effect in relation to tax for the year 1992-93 and subsequent years of assessment, and tax for other chargeable periods…
Section 290 — Savings, transitionals, consequential amendments and repeals.
Savings, transitionals, consequential amendments and repeals. 290 1 Schedules 10 (consequential amendments) and 11 (transitory provisions and savings) shall have effect. 2 No letters patent granted…
Section 291 — Short title.
Short title. 291 This Act may be cited as the Taxation of Chargeable Gains Act 1992.