SCHEDULES

SCHEDULE 25Charge on certain high value disposals by companies etc

PART 1Taxation of Chargeable Gains Act 1992

3

In section 2 (persons and gains chargeable to capital gains tax, and allowable losses), after subsection (7) insert—

7A

Nothing in this section applies in relation to an ATED-related gain chargeable to, or an ATED-related loss allowable for the purposes of, capital gains tax by virtue of section 2B.