WebView on Westlaw or start a FREE TRIAL today, Schedule 7AC, Taxation of Chargeable Gains Act 1992, PrimarySources. What's on Practical Law? Show less Show more. Practical Law. … WebMar 12, 2024 · This appeal concerns a narrow point of construction in relation to TCGA 1992, Sch. 7AC, para. 15A(3).This paragraph permits the substantial shareholding exemption (SSE) to apply in circumstances where a vendor company sells a substantial shareholding in another company in circumstances where the shares have not been …
Taxation of Chargeable Gains Act 1992 - Legislation.gov.uk
Web7 The investing company must have held a substantial shareholding in the company invested in throughout a twelve-month period beginning not more than six years before the day on which the disposal takes place. In para. 7, the word “six” substituted for the word “two” by F (No. 2)A 2024, s. 27 (3), with effect in relation to disposals ... WebPremiums for leases. 2 (1) Subject to this Schedule where the payment of a premium is required under a lease of land, or otherwise under the terms subject to which a lease of … jayco seneca freightliner rv
Taxation of Chargeable Gains Act 1992 - Legislation.gov.uk
WebSection 192A TCGA 1992 simply provides that Schedule 7AC TCGA 1992 has effect. Section 44(2) Finance Act 2002 provides that Schedule 8 Finance Act 2002 has effect. … Web27(1) Schedule 7AC to TCGA 1992 (exemptions for disposals by companies with substantial shareholding) is amended as follows. 27(2) Omit the following (which relate to requirements to be met by investing company)– (a)in paragraph 1(2), “the investing company and”; Web1. Clause [X] amends Schedule 7AC of the Taxation of Chargeable Gains Act 1992 (TCGA) to extend the scope of the substantial shareholding exemption. A company disposing of a substantial shareholding in a subsidiary will be treated as having owned that shareholding for twelve months prior to disposal (a condition of the exemption), where the jayco shower curtain