British Tax Guide: Capital Gains Tax 2012-13

Budget 2012 announced a number of changes to Capital Gains Tax, which will subsequently be followed in this title during the consultation process, to enable tax advisors and business to be aware of tax pitfalls or opportunities in this area. At times Capital Gains Tax can involve complex calculations; the book provides detailed numerical examples illustrating the various complexities to ensure maximum tax efficiency in this area.

All content is cross referenced to legislation, case law and HMRC guidance.

Included in the 2012-13 edition:

• All amendments to legislation as a result of Budget 2012 and Finance Act 2012
• SEIS Relief
• Changes to remittance basis rule for non-domiciles
• Gifts of work of art
• Proposed CGT charge on residential property owned by non-residents
• Changes to rules relating to gains of non-resident companies
• Rules relating to leases, destruction, restoration, or compensation for loss of assets
• Transactions in shares and securities involving qualifying corporate bonds
• One off capital gains tax holiday (2012-13) only, where investments are made in “seed enterprise” companies

British Tax Guides from CCH 
The British Tax Guides are expert, individually focused commentary on the all the main UK taxes. Each of the guides is focused on one particular area, with legislation to that tax cross referenced to enable you to put the legislation into context, as well as efficiently calculate tax liabilities.

Each of the 2012-13 editions will include all changes from the 2012 Budget and subsequent Finance Act.