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List of contents
Chapter 1 Introduction to capital gains tax
Chapter 2 Disposals
Chapter 3 Computation of gains and losses
Chapter 4 Particular assets
Chapter 5 Foreign issues
Chapter 6 Partnerships
Chapter 7 Administration of an estate
Chapter 8 Capital gains tax – settlements
Chapter 9 Companies
Chapter 10 Land and property
Chapter 11 Main residence relief
Chapter 12 Entrepreneurs’ relief
Chapter 13 Hold-over relief for gifts
Chapter 14 Roll-over relief for business assets
Chapter 15 Incorporation of a business
Chapter 16 Venture capital reliefs
Chapter 17 Investors’ relief
Chapter 18 Other reliefs
Chapter 19 Tax planning versus tax avoidance
About the author
Rebecca Cave FCA, CTA, MBA, is an experienced tax writer specialising in the tax affairs of small and medium-sized businesses.
Iris Wünschmann-Lyall is a solicitor and specialises in estate planning, trusts, probate and tax related matters and is a Registered Trust and Estate Practitioner.
Chris Erwood is a qualified associate of both the Chartered Institute of Taxation and STEP.
Summary
Capital Gains Tax 2019/20 is an invaluable title for those who deal with capital gains tax on a regular basis. It examines the current legislation and HMRC guidance in a clear, comprehensive style and covers the following:
Recent developments in CGT
Computation of gains and losses and special rules for particular assets
CGT for partners and partnership assets
CGT in the periods immediately before and after death
CGT payable by trusts
Charges for non-domicile or non-resident taxpayers and overseas gains
Corporate gains, SSE and group reliefs
Land and property including non-resident CGT
Main residence relief
Entrepreneurs’ relief
Investors’ Relief
Hold-over relief for gifts
Roll-over relief for business assets
Relief on the incorporation of a business
Venture capital reliefs including SEIS, EIS and SITR
Relief for losses on loans to traders and on disposal of shares
Transfer of shares to an Employee Ownership Trust
CGT planning and anti-avoidance rules
Taking on a practical approach to the subject and concentrating on the most commonly found transactions and reliefs, the commentary in this title includes 147 examples, updated to the current tax year, and is cross-referenced to the tax legislation as well as to the HMRC manuals and to other HMRC guidance.
This accessible reference guide has a user-friendly structure with ‘signposts’ at the beginning of each chapter to summarise key topics and ‘focus points’ throughout to highlight important issues. Numerous worked examples demonstrate how to apply the main principles in practice and all examples are listed in a table for quick navigation.
Foreword
A clear and a quick guide to the taxation of capital gains for busy tax practitioners and taxpayers alike.
