Finance Act 2003 (c. 14)

Part 7 U.K. Income tax, corporation tax and capital gains tax: general

Chargeable gains U.K.

159 Reporting limits and annual exempt amount U.K.

(1) The Taxation of Chargeable Gains Act 1992 (c. 12) is amended in accordance with Schedule 28 to this Act.

(2) In that Schedule—

• Part 1 makes provision as to the cases in which a return of information about chargeable gains is required,

• Part 2 contains minor and consequential amendments of the provisions relating to the annual exempt amount, and

• Part 3 provides for commencement.