Taxation of Chargeable Gains Act 1992

[^key-b647d32f03256079b7f2e92fd15c143e]: Words in Sch. 7AC para. 30A(1) inserted (19.3.2025) by The Co-ownership Contractual Schemes (Tax) Regulations 2025 (S.I. 2025/200), regs. 1(2), 54(3) (with reg. 63)

[^key-5f896c2984ea9bb822a5eebbb3b159e5]: Ss. 275-275C applied (for the tax year 2025-26 and subsequent tax years) by 2007 c. 3, s. 809L(9B) (with s. 809L(9C)) (as inserted by Finance Act 2025 (c. 8), s. 40(4), Sch. 9 para. 5(8))

[^key-26cc65606afd7c4be4c5ad98a94be025]: S. 97(1) modified (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), Sch. 10 para. 10(3)(9)

[^key-5347de72e0f7c139a9b57fd09080f95f]: Sch. 1 para. 1(2) applied (20.3.2025) by Finance Act 2025 (c. 8), Sch. 10 para. 2(3)

[^key-dc2a54b1665e83598dc6cb80419ab06f]: Sch. 1 para. 1(2) restricted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), Sch. 10 para. 12(1)(2)

[^key-7eaf75be6e8ba9173579d3a490c6bc76]: S. 91(2) excluded (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), Sch. 10 para. 13(4)(10)

[^key-b809d517ae46c08b682626df7f730f93]: S. 241 excluded (with effect in accordance with Sch. 5 para. 20(1) of the amending Act) by Finance Act 2025 (c. 8), Sch. 5 para. 20

[^key-c9caf0176ada18e1a9b3f6fad730b8ab]: S. 87A applied (with modifications) (temp.) (for the tax years 2025-26, 2026-27 or 2027-28) by Finance Act 2025 (c. 8), Sch. 10 paras. 3-5

[^key-f83c4fecb02447b37727fd3ebec298e5]: S. 241A excluded (with effect in accordance with Sch. 5 para. 20(1) of the amending Act) by Finance Act 2025 (c. 8), Sch. 5 para. 20

[^key-ab2b244f58c073a2b3fb58a00feb8dce]: Sch. 7AC para. 3 modified (with effect in accordance with Sch. 5 para. 20(1) of the amending Act) by Finance Act 2025 (c. 8), Sch. 5 para. 20

[^key-08f9d194724cd9ee4a78478a5f644eec]: Sch. 4C para. 13(2) excluded (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), Sch. 10 para. 13(8)(10)

[^key-dc1d23376ec78c784db63d40267c0530]: Words in s. 151K heading inserted (with effect in accordance with Sch. 7 para. 4 of the amending Act) by Finance Act 2025 (c. 8), Sch. 7 paras. 3(3)(a), 4

[^key-d618e1b561276a73bbf8f335beb804d6]: Words in s. 151Y heading substituted (with effect in accordance with Sch. 7 para. 4 of the amending Act) by Finance Act 2025 (c. 8), Sch. 7 paras. 3(7)(a), 4

[^key-3d813d7f93043594a9dc399b5d32be7d]: Words in s. 3D cross-heading substituted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), s. 40(4), Sch. 9 para. 2(4)

[^key-ed1d485ef8e3e050bdb92f9e377f1d1c]: S. 3D heading substituted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), s. 40(4), Sch. 9 para. 2(5)(a)

[^key-8664e7d1ca61c4463a23a3947bbdb183]: Words in s. 236O heading substituted (with effect in accordance with Sch. 6 para. 6(4) of the amending Act) by Finance Act 2025 (c. 8), Sch. 6 para. 6(1)(a)(4)

[^key-201c88990bbf993ffc26e1b5cd9aaa3d]: Words in s. 236R heading substituted (with effect in accordance with Sch. 6 para. 6(4) of the amending Act) by Finance Act 2025 (c. 8), Sch. 6 para. 6(3)(a)(4)

[^key-80698621321fca4a1f2489cfc92b4c95]: Words in Sch. 1 heading substituted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), s. 40(4), Sch. 9 para. 2(7)(a)

[^key-792d0c95157b1a2077108bcd9ee8a932]: Sch. 1B omitted (with effect in accordance with s. 7(3) of the amending Act) by virtue of Finance Act 2025 (c. 8), s. 7(3), Sch. 1 para. 5 (with Sch. 2 Pts. 1, 2)

[^key-e049ed41efdf61be0d2bb9f049d0453e]: Sch. 5 para. 5C and cross-heading inserted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), Sch. 12 paras. 69(4), 70(1)

[^key-dd71dfaa894dec8fbfd9fd2aeafb3e65]: Sch. D1 inserted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), s. 39(2)(11)

[^key-4d39e67f5608695b958a39ca3067f7b1]: S. 59AA inserted (with effect in accordance with s. 80(2) of the amending Act) by Finance Act 2025 (c. 8), s. 80(1)

[^key-9fd1dfa8d6b106b2b572c97f4c62f36e]: S. 151KA inserted (with effect in accordance with Sch. 7 para. 4 of the amending Act) by Finance Act 2025 (c. 8), Sch. 7 paras. 3(4), 4

[^key-00e0eaf541a002c59d8183b1791d4daf]: S. 151Z inserted (with effect in accordance with Sch. 7 para. 4 of the amending Act) by Finance Act 2025 (c. 8), Sch. 7 paras. 3(8), 4

[^key-86ee57b5640b2c2cbc1beaadd98c83d0]: S. 236LA inserted (with effect in accordance with Sch. 6 para. 3(5) of the amending Act) by Finance Act 2025 (c. 8), Sch. 6 para. 3(2)(5)

[^key-b32412230468dc99cfbb252293e0d247]: S. 1H(1A) omitted (with effect in accordance with s. 7(3) of the amending Act) by virtue of Finance Act 2025 (c. 8), s. 7(1)(a)(3) (with Sch. 2 Pts. 1, 2)

[^key-da85dd9a6f40ba6573de6d6a17381a5b]: S. 1H(2) omitted (with effect in accordance with s. 12(3) of the amending Act) by virtue of Finance Act 2025 (c. 8), s. 12(1)(a)(3)

[^key-8ccf3dc63d851588b6e883a0db107bd7]: S. 1H(4A) omitted (with effect in accordance with s. 7(3) of the amending Act) by virtue of Finance Act 2025 (c. 8), s. 7(1)(c)(3) (with Sch. 2 Pts. 1, 2)

[^key-9f097f0e9ed2f30d6a73e1a3699e2e28]: S. 1H(7) omitted (with effect in accordance with s. 7(3) of the amending Act) by virtue of Finance Act 2025 (c. 8), s. 7(1)(e)(3) (with Sch. 2 Pts. 1, 2)

[^key-e2509ff99cfb8b0133a8558ceea36a43]: Word in s. 1H(3) substituted (with effect in accordance with s. 7(3) of the amending Act) by Finance Act 2025 (c. 8), s. 7(1)(b)(i)(3) (with Sch. 2 Pts. 1, 2)

[^key-e63b2e3798dd404f0883442f7a8151d5]: Word in s. 1H(3) substituted (with effect in accordance with s. 7(3) of the amending Act) by Finance Act 2025 (c. 8), s. 7(1)(b)(ii)(3) (with Sch. 2 Pts. 1, 2)

[^key-3f81b6863dd2a0e0b2a58dfcfafb212f]: Words in s. 1H(3) substituted (with effect in accordance with s. 12(3) of the amending Act) by Finance Act 2025 (c. 8), s. 12(1)(b)(3)

[^key-c66d29ba6a89ae004a6eb56281f243ce]: Word in s. 1H(6) substituted (with effect in accordance with s. 7(3) of the amending Act) by Finance Act 2025 (c. 8), s. 7(1)(d)(3) (with Sch. 2 Pts. 1, 2)

[^key-1735be924f6970f3b2e0766d40f7f43e]: Word in s. 1H(8) omitted (with effect in accordance with s. 7(3) of the amending Act) by virtue of Finance Act 2025 (c. 8), s. 7(1)(f)(i)(3) (with Sch. 2 Pts. 1, 2)

[^key-54921c6c6f81feadd92d6689deafc885]: Word in s. 1H(8) substituted (with effect in accordance with s. 7(3) of the amending Act) by Finance Act 2025 (c. 8), s. 7(1)(f)(ii)(3) (with Sch. 2 Pts. 1, 2)

[^key-37ee0c9a924b3ad6d84deade5d394dad]: S. 1A(2)(za) inserted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), s. 39(3)(11)

[^key-3f4c0c0c5c4c2c6fff51ab44330ad538]: Word in s. 1A(2)(a) substituted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), s. 40(4), Sch. 9 para. 2(2)

[^key-320cf577ff85176657ef046563e6db81]: Words in s. 1A(2)(e) omitted (for the tax year 2025-26 and subsequent tax years) by virtue of Finance Act 2025 (c. 8), Sch. 12 paras. 52, 70(1)

[^key-72aa5a7f574266a5a3651b48ef1b8251]: Words in s. 1E(6) substituted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), s. 39(4)(11)

[^key-c98043de4388b11b6c6a9cd82f2e27fa]: S. 1E(4) omitted (for the tax year 2025-26 and subsequent tax years) by virtue of Finance Act 2025 (c. 8), Sch. 12 paras. 53, 70(1)

[^key-fc2122996d891aa718414495c6c84181]: S. 1K(6)(b) and word inserted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), s. 39(5)(b)(11)

[^key-2f247483f3263c7ef0d9d32b898a78a0]: S. 1K(3) omitted (for the tax year 2025-26 and subsequent tax years) by virtue of Finance Act 2025 (c. 8), s. 40(4), Sch. 9 para. 2(3)

[^key-17b20d4303652a94d28dbabda9b0e8ed]: S. 3A(3)-(5) omitted (with effect in accordance with Sch. 5 para. 13 of the amending Act) by virtue of Finance Act 2025 (c. 8), Sch. 5 paras. 10(2), 13 (with Sch. 5 paras. 14, 15, 18(4), 19)

[^key-5eb50ddb966438ebcb30a0bc45495700]: Words in s. 3D(1) substituted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), s. 40(4), Sch. 9 para. 2(5)(b)(i)

[^key-34717bb14bce2a7062cb72d30db75095]: Word in s. 3D(1) substituted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), s. 40(4), Sch. 9 para. 2(5)(b)(ii)

[^key-f7c713545a204d645dbbbf1182264d5d]: S. 16(4)(5) inserted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), s. 39(6)(11)

[^key-fa61272933a5d960ea1bb883d40db013]: S. 16ZA omitted (for the tax year 2025-26 and subsequent tax years) by virtue of Finance Act 2025 (c. 8), s. 40(4), Sch. 9 para. 2(6)

[^key-02de73c13d60ef63b1ee1e27c82ac7fc]: Words in s. 62(3) substituted (with effect in accordance with s. 40(6) of the amending Act) by Finance Act 2025 (c. 8), s. 40(6), Sch. 9 para. 10

[^key-335e3f9a246de7ba663a443677a31ba2]: S. 62(2A)(a) omitted (with effect in accordance with Sch. 12 para. 70(2) of the amending Act) by virtue of Finance Act 2025 (c. 8), Sch. 12 paras. 54, 70(2)

[^key-19493f3d951120462ec6fb6f073f31fa]: S. 69(2CA) inserted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), s. 40(4), Sch. 9 para. 12(3)

[^key-5aa9fa55adeb57d21e0ec2fa3cf5587b]: Words in s. 69(2B)(c) omitted (for the tax year 2025-26 and subsequent tax years) by virtue of Finance Act 2025 (c. 8), s. 40(4), Sch. 9 para. 12(2)

[^key-0b00f702d45af6833de183a63314d0ee]: Word in s. 69(2F) substituted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), s. 40(4), Sch. 9 para. 12(4)

[^key-198e1fb2323616a0ec67ff8e5457a882]: S. 86(6) inserted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), Sch. 12 paras. 55(5), 70(1)

[^key-1ca3e2817de1ba8bacf9f57f0f83f347]: Words in s. 86(1)(c) omitted (for the tax year 2025-26 and subsequent tax years) by virtue of Finance Act 2025 (c. 8), Sch. 12 paras. 55(2), 70(1)

[^key-a938cde012f58cee93d6598348831825]: S. 86(3A) omitted (for the tax year 2025-26 and subsequent tax years) by virtue of Finance Act 2025 (c. 8), Sch. 12 paras. 55(3), 70(1)

[^key-b44734064433b4250c48bde71284ac18]: S. 86(4)(b) and word omitted (for the tax year 2025-26 and subsequent tax years) by virtue of Finance Act 2025 (c. 8), Sch. 12 paras. 55(4), 70(1)

[^key-7f0d9a17e46562878fd70320921fe449]: Words in s. 86A(1)(b) omitted (for the tax year 2025-26 and subsequent tax years) by virtue of Finance Act 2025 (c. 8), Sch. 12 paras. 56, 70(1)

[^key-f3cd5de7f5f08618bfc4afbf95e3972c]: S. 87(8) inserted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), Sch. 12 paras. 57, 70(1)

[^key-53be730c783cd746edfea2f22761ef93]: S. 87B(5) inserted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), Sch. 12 paras. 58(5), 70(1)

[^key-a27af8a324e57fcb6afabbcc41d3e7ee]: Words in s. 87B(1)(a) substituted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), Sch. 12 paras. 58(2)(a)(i), 70(1)

[^key-42cf15520b807747b6438f38aa869af7]: Words in s. 87B(1)(a) substituted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), Sch. 12 paras. 58(2)(a)(ii), 70(1)

[^key-7414c533ec9d7a45ab8dfcf888f50f15]: Word in s. 87B(1)(b) substituted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), Sch. 12 paras. 58(2)(b), 70(1)

[^key-4ee26c69615f7169c51214be3fdc49e8]: Words in s. 87B(4) substituted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), Sch. 12 paras. 58(4), 70(1)

[^key-82c6746c7988264f15194c819b3da15f]: Words in s. 87B(2) substituted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), Sch. 12 paras. 58(3), 70(1)

[^key-1450b008dc505ffa962541cbaaec1662]: S. 87D(1)(b) and word omitted (for the tax year 2025-26 and subsequent tax years) by virtue of Finance Act 2025 (c. 8), Sch. 12 paras. 59, 70(1)

[^key-9a7b81473d9a92c0d7bc0d0326f113d1]: S. 87G(2A) inserted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), Sch. 12 paras. 60(3), 70(1)

[^key-b622ad965805959ab535bcf3755eda05]: Words in s. 87G(1)(b) substituted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), Sch. 12 paras. 60(2), 70(1)

[^key-2381d36f59e8773ced516a208bd074fe]: Word in s. 87G(4) omitted (for the tax year 2025-26 and subsequent tax years) by virtue of Finance Act 2025 (c. 8), Sch. 12 paras. 60(4)(a), 70(1)

[^key-84b64d32a913446b6fe97e08d1c606b9]: S. 87G(4)(c) and word inserted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), Sch. 12 paras. 60(4)(b), 70(1)

[^key-9fea6c0c51dd88fb37d74b199ff56fda]: Words in s. 87H(1) substituted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), Sch. 12 paras. 61, 70(1)

[^key-59e7ef757d2a4b32d0591540960bd82c]: S. 87HA substituted for ss. 87I-87M (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), Sch. 12 paras. 62, 70(1) (with Sch. 12 paras. 74, 75)

[^key-2577ce9d15a922e72127a22310d13f43]: Words in s. 91(1)(a) omitted (for the tax year 2025-26 and subsequent tax years) by virtue of Finance Act 2025 (c. 8), Sch. 12 paras. 63, 70(1)

[^key-d994266f0b25b8002177d1db94dd7658]: Words in s. 97(3) substituted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), Sch. 12 paras. 64(b), 70(1)

[^key-37fe02b0e506d1e82ccd13febafd0e1f]: Words in s. 97(1)(a)(ii) substituted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), Sch. 12 paras. 64(a), 70(1)

[^key-8144e5153a8eb5201eef04089723bafc]: Words in s. 151H(3)(b) inserted (with effect in accordance with Sch. 7 para. 4 of the amending Act) by Finance Act 2025 (c. 8), Sch. 7 paras. 3(2), 4

[^key-a53566d089fd5ff8cc72da0eee3ba660]: S. 151I(1)(d) substituted (20.3.2025) by Finance Act 2025 (c. 8), s. 85(1)

[^key-b81257ec398651a52a27113f28ca981a]: Words in s. 151K substituted (with effect in accordance with Sch. 7 para. 4 of the amending Act) by Finance Act 2025 (c. 8), Sch. 7 paras. 3(3)(b), 4

[^key-28b49ae03fc5bc1dca84eefdb87e4bb7]: Words in s. 151K substituted (with effect in accordance with Sch. 7 para. 4 of the amending Act) by Finance Act 2025 (c. 8), Sch. 7 paras. 3(3)(c), 4

[^key-f73091d390744545f508da51f4ec76ee]: Words in s. 151K substituted (with effect in accordance with Sch. 7 para. 4 of the amending Act) by Finance Act 2025 (c. 8), Sch. 7 paras. 3(3)(d), 4

[^key-c5fc5f08ac21edb186133a9aed7fa7be]: Words in s. 151K substituted (with effect in accordance with Sch. 7 para. 4 of the amending Act) by Finance Act 2025 (c. 8), Sch. 7 paras. 3(3)(e), 4

[^key-4ca2808a1f91c91ae275fa15a08b87e9]: Word in s. 151K(7) substituted (with effect in accordance with Sch. 7 para. 4 of the amending Act) by Finance Act 2025 (c. 8), Sch. 7 paras. 3(3)(g), 4

[^key-5d56c7b73bb533596143fbb20272009a]: Words in s. 151K(1A)(d) substituted (with effect in accordance with Sch. 7 para. 4 of the amending Act) by Finance Act 2025 (c. 8), Sch. 7 paras. 3(3)(f), 4

[^key-de0092b40d61d754d36e3399d8b297f4]: Words in s. 151R substituted (with effect in accordance with Sch. 7 para. 4 of the amending Act) by Finance Act 2025 (c. 8), Sch. 7 paras. 3(5)(a), 4

[^key-6c9ff575070ded497350af50ab8a8233]: Words in s. 151R(2) inserted (with effect in accordance with Sch. 7 para. 4 of the amending Act) by Finance Act 2025 (c. 8), Sch. 7 paras. 3(5)(b)(i), 4

[^key-7b38f6f99cc49bf5a76ef8544954c07d]: Words in s. 151R(2) substituted (with effect in accordance with Sch. 7 para. 4 of the amending Act) by Finance Act 2025 (c. 8), Sch. 7 paras. 3(5)(b)(ii), 4

[^key-c222d8105ba8ecceba601d2d19901c6e]: Words in s. 151R(2) substituted (with effect in accordance with Sch. 7 para. 4 of the amending Act) by Finance Act 2025 (c. 8), Sch. 7 paras. 3(5)(b)(iii), 4

[^key-01618511e166995e9cabf7a0a0c4f17a]: Words in s. 151R(4) inserted (with effect in accordance with Sch. 7 para. 4 of the amending Act) by Finance Act 2025 (c. 8), Sch. 7 paras. 3(5)(c), 4

[^key-648c9d6cbe90f7ed1c6ea0434bef04b2]: Words in s. 151X(2) inserted (with effect in accordance with Sch. 7 para. 4 of the amending Act) by Finance Act 2025 (c. 8), Sch. 7 paras. 3(6), 4

[^key-1855a95a72e9d2a3d49add8266bc8be9]: S. 151Y renumbered as s. 151Y(1) (with effect in accordance with Sch. 7 para. 4 of the amending Act) by Finance Act 2025 (c. 8), Sch. 7 paras. 3(7)(b), 4

[^key-b749b2c12f8ab485993ce000379b0fe5]: S. 151Y(2)-(4) inserted (with effect in accordance with Sch. 7 para. 4 of the amending Act) by Finance Act 2025 (c. 8), Sch. 7 paras. 3(7)(c), 4

[^key-f7e48ce8fc1a727366672ad7f4736c27]: Words in s. 165A(14) omitted (with effect in accordance with Sch. 5 para. 13 of the amending Act) by virtue of Finance Act 2025 (c. 8), Sch. 5 paras. 10(3), 13 (with Sch. 5 paras. 14, 15, 18(4), 19)

[^key-347f9778a43fc50d69bc460b8668ee63]: Sum in s. 169VK(1) substituted (with effect in accordance with s. 10(2) of the amending Act) by Finance Act 2025 (c. 8), s. 10(1)(a)(2) (with Sch. 2 Pt. 2)

[^key-f1488944e514e468138275aef3f7aa51]: Sum in s. 169VK(2) substituted (with effect in accordance with s. 10(2) of the amending Act) by Finance Act 2025 (c. 8), s. 10(1)(a)(2) (with Sch. 2 Pt. 2)

[^key-46e872b071061b46c07001503fd2840e]: Sum in s. 169VL(2) substituted (with effect in accordance with s. 10(2) of the amending Act) by Finance Act 2025 (c. 8), s. 10(1)(b)(2) (with Sch. 2 Pt. 2)

[^key-333574484dc0588a25c74820577306e2]: Sum in s. 169VL(3) substituted (with effect in accordance with s. 10(2) of the amending Act) by Finance Act 2025 (c. 8), s. 10(1)(b)(2) (with Sch. 2 Pt. 2)

[^key-2f20ef1b034b4701acaf51bd651229c0]: Words in s. 222A(1)(b)(i) substituted (with effect in accordance with s. 7(3) of the amending Act) by Finance Act 2025 (c. 8), s. 7(3), Sch. 1 para. 3 (with Sch. 2 Pts. 1, 2)

[^key-be6d96ac7e29bd4ac5d85f03d63ac578]: Words in s. 223(7)(b) substituted (with effect in accordance with s. 7(3) of the amending Act) by Finance Act 2025 (c. 8), s. 7(3), Sch. 1 para. 4 (with Sch. 2 Pts. 1, 2)

[^key-8e5bb76909bc21c0b755ed5fa25dd0ee]: S. 236H(7A) inserted (with effect in accordance with Sch. 6 para. 7(3) of the amending Act) by Finance Act 2025 (c. 8), Sch. 6 para. 7(1)(b)(3)

[^key-a03f1191bb56d9a34edd81f04522ee27]: S. 236H(4)(za) inserted (with effect in accordance with Sch. 6 para. 2(5) of the amending Act) by Finance Act 2025 (c. 8), Sch. 6 para. 2(1)(5)

[^key-86967debecf029fa2153758708a27dd5]: S. 236H(4)(ba) inserted (with effect in accordance with Sch. 6 para. 3(5) of the amending Act) by Finance Act 2025 (c. 8), Sch. 6 para. 3(1)(5)

[^key-fdbf67997157ad477528793d1de0402b]: S. 236H(4)(ca) inserted (with effect in accordance with Sch. 6 para. 5(3) of the amending Act) by Finance Act 2025 (c. 8), Sch. 6 para. 5(1)(3)

[^key-f764d84330f9c9edceba2ced81850e4a]: Word in s. 236H(7) omitted (with effect in accordance with Sch. 6 para. 7(3) of the amending Act) by virtue of Finance Act 2025 (c. 8), Sch. 6 para. 7(1)(a)(i)(3)

[^key-68e4acd7b320016b3d8e87c09a5ae045]: S. 236H(7)(ba) inserted (with effect in accordance with Sch. 6 para. 7(3) of the amending Act) by Finance Act 2025 (c. 8), Sch. 6 para. 7(1)(a)(ii)(3)

[^key-c2292d45452c499b87f6872f5cf2c0d2]: S. 236H(7)(d) and word inserted (with effect in accordance with Sch. 6 para. 7(3) of the amending Act) by Finance Act 2025 (c. 8), Sch. 6 para. 7(1)(a)(iii)(3)

[^key-bb73b0e86d4b89180679265206b83e53]: S. 236O(2A)(2B) inserted (with effect in accordance with Sch. 6 para. 4(3) of the amending Act) by Finance Act 2025 (c. 8), Sch. 6 para. 4(1)(3)

[^key-a1f170404c226e24531845fda2fdfb74]: S. 236O(2)(za) inserted (with effect in accordance with Sch. 6 para. 2(5) of the amending Act) by Finance Act 2025 (c. 8), Sch. 6 para. 2(2)(5)

[^key-130530700a5160ef6cdbc1603230adbe]: S. 236O(2)(ba) inserted (with effect in accordance with Sch. 6 para. 3(5) of the amending Act) by Finance Act 2025 (c. 8), Sch. 6 para. 3(3)(5)

[^key-6c276f513cac70dee9a9671b293cd473]: Words in s. 236O(1)(b) substituted (with effect in accordance with Sch. 6 para. 6(4) of the amending Act) by Finance Act 2025 (c. 8), Sch. 6 para. 6(1)(b)(4)

[^key-383414acf5f366024bb8d1b8d58f1d63]: S. 236P(3A) inserted (with effect in accordance with Sch. 6 para. 2(5) of the amending Act) by Finance Act 2025 (c. 8), Sch. 6 para. 2(3)(5)

[^key-56488dd69912cdbe7809c984e31a222b]: S. 236P(2A) inserted (with effect in accordance with Sch. 6 para. 4(3) of the amending Act) by Finance Act 2025 (c. 8), Sch. 6 para. 4(2)(3)

[^key-629a9c025dbf2aa0c13d6481f86ccc46]: S. 236P(2)(ba) inserted (with effect in accordance with Sch. 6 para. 3(5) of the amending Act) by Finance Act 2025 (c. 8), Sch. 6 para. 3(4)(5)

[^key-a821ba3c74052d22deb055d6aa950a1f]: Word in s. 236P(1) inserted (with effect in accordance with Sch. 6 para. 6(4) of the amending Act) by Finance Act 2025 (c. 8), Sch. 6 para. 6(2)(4)

[^key-ad1ecef2fddd187e86d3c4d48ab872a3]: S. 236Q(6A) inserted (with effect in accordance with Sch. 6 para. 7(3) of the amending Act) by Finance Act 2025 (c. 8), Sch. 6 para. 7(2)(b)(3)

[^key-4c16c6407052190b8f084c85c26cfa23]: Word in s. 236Q(1)(c) substituted (with effect in accordance with Sch. 6 para. 2(5) of the amending Act) by Finance Act 2025 (c. 8), Sch. 6 para. 2(4)(5)

[^key-e60bb51a6145d819ef4fe3718fcd08e9]: Words in s. 236Q(1)(c) substituted (with effect in accordance with Sch. 6 para. 5(3) of the amending Act) by Finance Act 2025 (c. 8), Sch. 6 para. 5(2)(3)

[^key-ba87b7cdf9240687ab0305a6c091ef41]: Word in s. 236Q(6) omitted (with effect in accordance with Sch. 6 para. 7(3) of the amending Act) by virtue of Finance Act 2025 (c. 8), Sch. 6 para. 7(2)(a)(i)(3)

[^key-06404b89286160cbd8c7945ddc1486f9]: S. 236Q(6)(ba) inserted (with effect in accordance with Sch. 6 para. 7(3) of the amending Act) by Finance Act 2025 (c. 8), Sch. 6 para. 7(2)(a)(ii)(3)

[^key-21a41047763dcb1a335310dd646c1172]: Words in s. 236R(1)(b) substituted (with effect in accordance with Sch. 6 para. 6(4) of the amending Act) by Finance Act 2025 (c. 8), Sch. 6 para. 6(3)(b)(4)

[^key-0254a9d247a22a4a6a4d38cc17460de9]: S. 241 omitted (with effect in accordance with Sch. 5 para. 13 of the amending Act) by virtue of Finance Act 2025 (c. 8), Sch. 5 paras. 10(4)(a), 13 (with Sch. 5 paras. 14, 15, 18(4), 19)

[^key-2ccb5dafd09bc3eea7893e7163e2ee80]: S. 241A omitted (with effect in accordance with Sch. 5 para. 13 of the amending Act) by virtue of Finance Act 2025 (c. 8), Sch. 5 paras. 10(4)(b), 13 (with Sch. 5 paras. 14, 15, 18(4), 19)

[^key-cfbffb38b0fb7eebe3811e4e3ed609cd]: S. 275(3A) omitted (for the tax year 2025-26 and subsequent tax years) by virtue of Finance Act 2025 (c. 8), s. 40(4), Sch. 9 para. 19(3)

[^key-cc4b0763d30bd3a1d409b7b3397b9188]: S. 275(1)(l) omitted (for the tax year 2025-26 and subsequent tax years) by virtue of Finance Act 2025 (c. 8), s. 40(4), Sch. 9 para. 19(2)

[^key-5326888ec043397ae6dce0744ab69f73]: S. 279A(7)(b) omitted (with effect in accordance with Sch. 12 para. 70(3) of the amending Act) by virtue of Finance Act 2025 (c. 8), Sch. 12 paras. 65, 70(3)

[^key-f4880fb0317e260c2bbc8ad5328f6ff7]: S. 279C(6)(c) and word omitted (with effect in accordance with Sch. 12 para. 70(3) of the amending Act) by virtue of Finance Act 2025 (c. 8), Sch. 12 paras. 66(b), 70(3)

[^key-032d490d976ed1a5b353a47d0d63ca7f]: Word in s. 279C(6) inserted (with effect in accordance with Sch. 12 para. 70(3) of the amending Act) by Finance Act 2025 (c. 8), Sch. 12 paras. 66(a), 70(3)

[^key-f3ba3305fa886d54a6f9cb2d95ce7f74]: Words in s. 288(1) inserted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), s. 39(7)(11)

[^key-ea2d0d62560ecfa66eb48335aaf8916f]: Word in Sch. 1 para. 1 substituted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), s. 40(4), Sch. 9 para. 2(7)(b) (as amended (with retrospective effect) by Finance Act 2026 (c. 11), Sch. 3 para. 5)

[^key-a9170bd09a97031d325e21cd8070a72a]: Sch. 1 para. 2 omitted (for the tax year 2025-26 and subsequent tax years) by virtue of Finance Act 2025 (c. 8), s. 40(4), Sch. 9 para. 2(7)(c)

[^key-b3913c81da5d29d4291f4d3260e88e3f]: Sch. 1 para. 3 omitted (for the tax year 2025-26 and subsequent tax years) by virtue of Finance Act 2025 (c. 8), s. 40(4), Sch. 9 para. 2(7)(c)

[^key-d852625637fa268cb510b481c3b951ee]: Sch. 1 para. 4 omitted (for the tax year 2025-26 and subsequent tax years) by virtue of Finance Act 2025 (c. 8), s. 40(4), Sch. 9 para. 2(7)(c)

[^key-4f6eefc5124828a3ba71f3ef0ee22b0c]: Words in Sch. 1A para. 1 inserted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), s. 39(8)(11)

[^key-cb90902ad83232ba614823a4395f6452]: Words in Sch. 1C para. 1(4) substituted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), s. 39(9)(11)

[^key-531272949e4fe86a312b19cc7f82aeab]: Sch. 4AA para. 5 omitted (with effect in accordance with s. 7(3) of the amending Act) by virtue of Finance Act 2025 (c. 8), s. 7(3), Sch. 1 para. 6(2) (with Sch. 2 Pts. 1, 2)

[^key-a710b3317ce91fafce3261fc5a55cbe3]: Sch. 4AA para. 10 omitted (with effect in accordance with s. 7(3) of the amending Act) by virtue of Finance Act 2025 (c. 8), s. 7(3), Sch. 1 para. 6(2) (with Sch. 2 Pts. 1, 2)

[^key-63a2022ee3d71e46021b1c1e06f4e66c]: Sch. 4AA para. 11 omitted (with effect in accordance with s. 7(3) of the amending Act) by virtue of Finance Act 2025 (c. 8), s. 7(3), Sch. 1 para. 6(2) (with Sch. 2 Pts. 1, 2)

[^key-322c7125ebe51d1cf3f1b6eb2ddf82ea]: Sch. 4AA para. 15 omitted (with effect in accordance with s. 7(3) of the amending Act) by virtue of Finance Act 2025 (c. 8), s. 7(3), Sch. 1 para. 6(2) (with Sch. 2 Pts. 1, 2)

[^key-1def6de5fbed48c3e743f95ad4ab7d7a]: Words in Sch. 4AA para. 22(3) substituted (with effect in accordance with s. 7(3) of the amending Act) by Finance Act 2025 (c. 8), s. 7(3), Sch. 1 para. 6(3) (with Sch. 2 Pts. 1, 2)

[^key-a1d0bba25e6933246c3b0fd0bfc5d6d4]: Sch. 5 para. 1(6A) inserted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), Sch. 12 paras. 69(2), 70(1)

[^key-c3a53ac475ec00ffd02f1a3279381a2a]: Sch. 5 para. 5A omitted (for the tax year 2025-26 and subsequent tax years) by virtue of Finance Act 2025 (c. 8), Sch. 12 paras. 69(3), 70(1)

[^key-456ee671efafbc8fb6fbfb57f246ea72]: Sch. 5 para. 5B omitted (for the tax year 2025-26 and subsequent tax years) by virtue of Finance Act 2025 (c. 8), Sch. 12 paras. 69(3), 70(1)

[^key-921733fbac081a2d5bd02a68d74242ed]: Word in Sch. 5 para. 6(3) omitted (for the tax year 2025-26 and subsequent tax years) by virtue of Finance Act 2025 (c. 8), Sch. 12 paras. 69(5)(a), 70(1)

[^key-fef83eb978b8682a370b242ab471f8ad]: Sch. 5 para. 6(3)(c) and word inserted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), Sch. 12 paras. 69(5)(b), 70(1)

[^key-05043726cdd843394707ec47014eb4a9]: Word in Sch. 4C para. 8(6) inserted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), Sch. 12 paras. 68(2), 70(1)

[^key-ae7daa135ee99c66d5199a99db0ed3bc]: Words in Sch. 5A para. 3(3) omitted (for the tax year 2025-26 and subsequent tax years) by virtue of Finance Act 2025 (c. 8), s. 40(4), Sch. 9 para. 20(2)(a) (with Sch. 9 para. 20(4)(5))

[^key-443d5fb6b14f0393d040e4b117c02a1f]: Words in Sch. 5A para. 3(3) inserted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), s. 40(4), Sch. 9 para. 20(2)(b) (with Sch. 9 para. 20(4)(5))

[^key-a8a5b1655359a84df4fbf343f909a4ae]: Sch. 5A para. 3(3A) omitted (for the tax year 2025-26 and subsequent tax years) by virtue of Finance Act 2025 (c. 8), s. 40(4), Sch. 9 para. 20(2)(c) (with Sch. 9 para. 20(4)(5))

[^key-0a6137247ebc515d4d37c073aae7842b]: Sch. 5A para. 4(3A) inserted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), s. 40(4), Sch. 9 para. 20(3)(d) (with Sch. 9 para. 20(4)(5))

[^key-85f42a222c8d7bd162e0893ac23c8dba]: Sch. 5A para. 4(2)(b)(ba) substituted for Sch. 5A para. 4(2)(b) (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), s. 40(4), Sch. 9 para. 20(3)(a) (with Sch. 9 para. 20(4)(5))

[^key-bea46914096494c6548a50cc3b4430ed]: Words in Sch. 5A para. 4(2) substituted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), s. 40(4), Sch. 9 para. 20(3)(c) (with Sch. 9 para. 20(4)(5))

[^key-5f38ac9024e9dbec2cdf7a81845c3544]: Words in Sch. 5A para. 4(2)(c) substituted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), s. 40(4), Sch. 9 para. 20(3)(b)(i) (with Sch. 9 para. 20(4)(5))

[^key-df5f5e171806e229eb692a36c147ce79]: Words in Sch. 5A para. 4(2)(c) substituted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2025 (c. 8), s. 40(4), Sch. 9 para. 20(3)(b)(ii) (with Sch. 9 para. 20(4)(5))

[^key-454642fccc7b54d9d958588c25cc5c08]: Words in s. 1I(1) substituted (with effect in accordance with s. 12(3) of the amending Act) by Finance Act 2025 (c. 8), s. 12(2)(b)(3)

[^key-f65fc1c34a47202a061d7797f82c295b]: Words in s. 1I(2) substituted (with effect in accordance with s. 12(3) of the amending Act) by Finance Act 2025 (c. 8), s. 12(2)(c)(3)

[^key-910e350b0ec151a4a888016365c7dbd7]: Words in s. 1I(5) substituted (with effect in accordance with s. 12(3) of the amending Act) by Finance Act 2025 (c. 8), s. 12(2)(d)(3)

[^key-be9fae3bdf020378112dad4887a5a22f]: Words in s. 1I(9) substituted (with effect in accordance with s. 12(3) of the amending Act) by Finance Act 2025 (c. 8), s. 12(2)(f)(3)

[^key-610f3ffd57ebceb296bebb13568cc4b2]: Words in s. 1I(7) substituted (with effect in accordance with s. 12(3) of the amending Act) by Finance Act 2025 (c. 8), s. 12(2)(e)(3)

[^key-7a0bd44ce178fb14a8ef78a753135f7e]: S. 1I(7)-(9) substituted (with effect in relation to disposals made on or after 30.10.2024) by Finance Act 2025 (c. 8), s. 7(3), Sch. 1 para. 2(d) (with Sch. 2 Pts. 1, 2)

[^key-56e710277b39a72308341ce03f773245]: S. 58(1) excluded (with application in accordance with Sch. 11 para. 1(1) of the amending Act) by Finance Act 2025 (c. 8), Sch. 11 para. 1(1)(3)

[^key-9ebf3b0b97a84a5b29336e2c144a2181]: Words in s. 62(3) omitted (retrospective to 6.4.2025) by virtue of Finance Act 2026 (c. 11), Sch. 3 para. 4

[^key-25080df4e716a627bdebff0362dc2d97]: Word in s. 87HA(2) omitted (retrospective to 6.4.2025) by virtue of Finance Act 2026 (c. 11), s. 44(3)(6)

[^key-3c77f9477af7c9ba0b82a6c755648bd9]: Word in s. 87HA(3) omitted (retrospective to 6.4.2025) by virtue of Finance Act 2026 (c. 11), s. 44(3)(6)

[^key-ea732d5818c5bed8355259960417eeb9]: S. 116 excluded (for the tax year 2026-27 and subsequent tax years (but in relation to investment management services whenever performed)) by 2005 c. 5, Sch. A1 para. 15(4) (as inserted by Finance Act 2026 (c. 11), s. 58(6), Sch. 11 para. 1)