Taxation of Chargeable Gains Act 1992

[^key-acf7ec8fb972c02b75fe258289fb6000]: Word in s. 137 heading inserted (with effect in accordance with s. 37(6) of the amending Act) by Finance Act 2026 (c. 11), s. 37(4)(a)(6) (with s. 37(7))

[^key-a07ccb6a4b123858fee51334d5f4f3be]: Sch. 1A Pt. 4 heading substituted (with effect in accordance with s. 40(4) of the amending Act) by Finance Act 2026 (c. 11), s. 40(2)(4)

[^key-5ee19ddefc1414a5226ee3623263981d]: Sch. 1A para. 10A and cross-headings inserted (with effect in accordance with s. 40(4) of the amending Act) by Finance Act 2026 (c. 11), s. 40(3)(4)

[^key-a15faf347060a1bdcf8e965269e80318]: Ss. 103KB-103KE omitted (for the tax year 2026-27 and subsequent tax years (but in relation to investment management services whenever performed)) by virtue of Finance Act 2026 (c. 11), s. 58(6), Sch. 11 para. 2(9)

[^key-e2d14bfc7af30eeca1027fa1ade5923b]: Ss. 103KFA-103KH omitted (for the tax year 2026-27 and subsequent tax years (but in relation to investment management services whenever performed)) by virtue of Finance Act 2026 (c. 11), s. 58(6), Sch. 11 para. 2(11)

[^key-f939e13f081f148e0fe98362cdff33dd]: Ss. 257A, 257B substituted for s, 257A (with effect in accordance with s. 56(8) of the amending Act) by Finance Act 2026 (c. 11), s. 56(8), Sch. 9 para. 19 (with s. 56(9)(10))

[^key-2808fc365a70e4becf5efdfe6b24263a]: S. 1H(5) omitted (for the tax year 2026-27 and subsequent tax years (but in relation to investment management services whenever performed)) by virtue of Finance Act 2026 (c. 11), s. 58(6), Sch. 11 para. 2(2)(b)

[^key-59a4f12a75bcb2795559a41fb323e2c7]: Words in s. 1H(3) omitted (for the tax year 2026-27 and subsequent tax years (but in relation to investment management services whenever performed)) by virtue of Finance Act 2026 (c. 11), s. 58(6), Sch. 11 para. 2(2)(a)

[^key-7c9b5993bd36031886386cf249b53011]: Word in s. 1H(6) omitted (for the tax year 2026-27 and subsequent tax years (but in relation to investment management services whenever performed)) by virtue of Finance Act 2026 (c. 11), s. 58(6), Sch. 11 para. 2(2)(c)

[^key-496ad7411ec59c01a9a5272c1d25e492]: S. 1H(4B) omitted (for the tax year 2026-27 and subsequent tax years (but in relation to investment management services whenever performed)) by virtue of Finance Act 2026 (c. 11), s. 58(6), Sch. 11 para. 2(2)(b)

[^key-3c86bc1fa0d9d051dc078b19910401ef]: S. 1H(9)-(11) omitted (for the tax year 2026-27 and subsequent tax years (but in relation to investment management services whenever performed)) by virtue of Finance Act 2026 (c. 11), s. 58(6), Sch. 11 para. 2(2)(d)

[^key-381db6bfa461bb8f1a77265cd9a460d2]: S. 1I(A1) omitted (for the tax year 2026-27 and subsequent tax years (but in relation to investment management services whenever performed)) by virtue of Finance Act 2026 (c. 11), s. 58(6), Sch. 11 para. 2(3)

[^key-af6db8fd95129b8acb49c62e9808b060]: S. 1J(1)(ab) inserted (for the tax year 2027-28 and subsequent tax years) by Finance Act 2026 (c. 11), s. 6(8), Sch. 1 para. 38(a)

[^key-2a55d1d4d928002292709f901c20a5cf]: Words in s. 1J(5) inserted (for the tax year 2027-28 and subsequent tax years) by Finance Act 2026 (c. 11), s. 6(8), Sch. 1 para. 38(b)

[^key-efbd8bfc80bf2e69cabeddf81ea512c2]: S. 1K(6)(a) omitted (for the tax year 2025-26 and subsequent tax years) by virtue of Finance Act 2026 (c. 11), Sch. 3 para. 6(2)(3)

[^key-18c8ccc10fabc7ba540db7d2dc8662cc]: S. 1M(1A) inserted (for the tax year 2026-27 and subsequent tax years (but in relation to investment management services whenever performed)) by Finance Act 2026 (c. 11), s. 58(6), Sch. 11 para. 2(4)

[^key-7e3e2b619691d46eaf8fa43f8209b56e]: Words in s. 2B(3)(a) omitted (for chargeable periods beginning on or after 1.1.2026) by virtue of Finance Act 2026 (c. 11), Sch. 7 paras. 28(2)(a), 30

[^key-739ca07d0569fc1dfde5e81d22692ff8]: Words in s. 2B(3)(b) substituted (for chargeable periods beginning on or after 1.1.2026) by Finance Act 2026 (c. 11), Sch. 7 paras. 28(2)(b), 30

[^key-2feadc110188bb297ea14556b35a0880]: Words in s. 2B(3)(c) substituted (for chargeable periods beginning on or after 1.1.2026) by Finance Act 2026 (c. 11), Sch. 7 paras. 28(2)(c), 30

[^key-ccce0e0ee9c55bc93d360729f8c4b389]: S. 2C(2) omitted (for chargeable periods beginning on or after 1.1.2026) by virtue of Finance Act 2026 (c. 11), Sch. 7 paras. 28(3), 30

[^key-dc3d14f994a3777b58f49c5e81e240f7]: S. 86(4ZB)(4ZC) substituted for s. 86(4ZB) (for the tax year 2026-27 and subsequent tax years (but in relation to investment management services whenever performed)) by Finance Act 2026 (c. 11), s. 58(6), Sch. 11 para. 2(5)

[^key-724103941dbf5fc82f139fa128cce1da]: S. 87(5B)(5C) substituted for s. 87(5B) (for the tax year 2026-27 and subsequent tax years (but in relation to investment management services whenever performed)) by Finance Act 2026 (c. 11), s. 58(6), Sch. 11 para. 2(6)

[^key-6345e448253c1974a4a9a06ab046adf0]: Words in s. 103G(4) substituted (with effect in accordance with s. 36(6) of the amending Act) by Finance Act 2026 (c. 11), s. 36(2)(6) (with s. 36(7))

[^key-7edd13c3aa9f2c2498c1f441ef73e8c8]: Words in s. 103H(5) substituted (with effect in accordance with s. 36(6) of the amending Act) by Finance Act 2026 (c. 11), s. 36(3)(6) (with s. 36(7))

[^key-e6b3d5e374f44392ca8c3d2c905e72d5]: Words in s. 103I(4) substituted (with effect in accordance with s. 36(6) of the amending Act) by Finance Act 2026 (c. 11), s. 36(4)(6) (with s. 36(7))

[^key-095429c4d4fc67a7437be27c45ab521e]: Word in s. 103K heading inserted (with effect in accordance with s. 36(6) of the amending Act) by Finance Act 2026 (c. 11), s. 36(5)(a)(6) (with s. 36(7))

[^key-c8f1ce3305dd5ca80d9f746b8117b735]: S. 103K(1)-(1C) substituted for s. 103K(1) (with effect in accordance with s. 36(6) of the amending Act) by Finance Act 2026 (c. 11), s. 36(5)(b)(6) (with s. 36(7))

[^key-32f31ccb6f4cd7648f3569d4cbde81e9]: S. 103K(7) inserted (with effect in accordance with s. 36(6) of the amending Act) by Finance Act 2026 (c. 11), s. 36(5)(e)(6) (with s. 36(7))

[^key-d3c1d50ef64c9b35328f6aab3ecb8a5a]: S. 103K(2) omitted (with effect in accordance with s. 36(6) of the amending Act) by virtue of Finance Act 2026 (c. 11), s. 36(5)(c)(6) (with s. 36(7))

[^key-51a0aa05d6b049307194d480908587a9]: S. 103K(3) omitted (with effect in accordance with s. 36(6) of the amending Act) by virtue of Finance Act 2026 (c. 11), s. 36(5)(c)(6) (with s. 36(7))

[^key-b19ad262ae96c2662f30ef526c78895c]: Words in s. 103K(4) substituted (with effect in accordance with s. 36(6) of the amending Act) by Finance Act 2026 (c. 11), s. 36(5)(d)(i)(6) (with s. 36(7))

[^key-7f4bd732d51dc49055dc85436c1536c8]: Words in s. 103K(4)(a) inserted (with effect in accordance with s. 36(6) of the amending Act) by Finance Act 2026 (c. 11), s. 36(5)(d)(ii)(6) (with s. 36(7))

[^key-29038b3db2c1876a881674d0c6ee7eeb]: S. 103KA substituted (for the tax year 2026-27 and subsequent tax years (but in relation to investment management services whenever performed)) by Finance Act 2026 (c. 11), s. 58(6), Sch. 11 para. 2(8)

[^key-29b010e3382a2448a4807c7cd4534f84]: S. 103KF(3) inserted (for the tax year 2026-27 and subsequent tax years (but in relation to investment management services whenever performed)) by Finance Act 2026 (c. 11), s. 58(6), Sch. 11 para. 2(10)

[^key-662752b84ff7df0b805d2fabc3040971]: Words in s. 135(6) substituted (with effect in accordance with s. 37(6) of the amending Act) by Finance Act 2026 (c. 11), s. 37(2)(6) (with s. 37(7))

[^key-7cc2c83cf4f4b823387277269ff40b87]: Words in s. 136(6) substituted (with effect in accordance with s. 37(6) of the amending Act) by Finance Act 2026 (c. 11), s. 37(3)(6) (with s. 37(7))

[^key-857a686d606967e5eb91dff4463b5100]: S. 137(1)-(1C) substituted for s. 137(1) (with effect in accordance with s. 37(6) of the amending Act) by Finance Act 2026 (c. 11), s. 37(4)(b)(6) (with s. 37(7))

[^key-3c3c178404a31a2adaf45e111478d9d3]: S. 137(7) inserted (with effect in accordance with s. 37(6) of the amending Act) by Finance Act 2026 (c. 11), s. 37(4)(e)(6) (with s. 37(7))

[^key-2cb14b23083c12062c963485236927fa]: S. 137(2) omitted (with effect in accordance with s. 37(6) of the amending Act) by virtue of Finance Act 2026 (c. 11), s. 37(4)(c)(6) (with s. 37(7))

[^key-5d4665cbd127d4841105a5ebd1c0c4af]: S. 137(3) omitted (with effect in accordance with s. 37(6) of the amending Act) by virtue of Finance Act 2026 (c. 11), s. 37(4)(c)(6) (with s. 37(7))

[^key-8f819a8a05a8c9fdd7ac287f5294d8bf]: Words in s. 137(4) substituted (with effect in accordance with s. 37(6) of the amending Act) by Finance Act 2026 (c. 11), s. 37(4)(d)(i)(6) (with s. 37(7))

[^key-0d280d967ec12dff965ceb7133c1e5fa]: Words in s. 137(4)(a) inserted (with effect in accordance with s. 37(6) of the amending Act) by Finance Act 2026 (c. 11), s. 37(4)(d)(ii)(6) (with s. 37(7))

[^key-fbf5d61260f3e318adb573e1d0209ef6]: Words in s. 138(1) substituted (with effect in accordance with s. 37(6) of the amending Act) by Finance Act 2026 (c. 11), s. 37(5)(a)(iii)(6) (with s. 37(7))

[^key-b38c88ac393c2670a59becb2ae68c629]: S. 138(6) inserted (with effect in accordance with s. 37(6) of the amending Act) by Finance Act 2026 (c. 11), s. 37(5)(b)(6) (with s. 37(7))

[^key-85841e9a393a10b8b8044c310ab376d1]: Words in s. 138(1) substituted (with effect in accordance with s. 37(6) of the amending Act) by Finance Act 2026 (c. 11), s. 37(5)(a)(i)(6) (with s. 37(7))

[^key-ab0523ac08d9e1fac0b48df30cb05011]: Words in s. 138(1) inserted (with effect in accordance with s. 37(6) of the amending Act) by Finance Act 2026 (c. 11), s. 37(5)(a)(ii)(6) (with s. 37(7))

[^key-31df2711cfb8213b89c842b1206b4a03]: Words in s. 138(1) substituted (with effect in accordance with s. 37(6) of the amending Act) by Finance Act 2026 (c. 11), s. 37(5)(a)(iv)(6) (with s. 37(7))

[^key-4b5fe7318207971224e65826e56bec1d]: S. 139(4A)-(4D) inserted (with effect in accordance with s. 38(2) of the amending Act) by Finance Act 2026 (c. 11), s. 38(1)(a)(2) (with s. 38(3))

[^key-402eadaef406d335a6cb312de7b1e283]: S. 139(10) inserted (with effect in accordance with s. 38(2) of the amending Act) by Finance Act 2026 (c. 11), s. 38(1)(d)(2) (with s. 38(3))

[^key-eaac2a21a4d869b7277f896bdb870b48]: Words in s. 139(5) substituted (with effect in accordance with s. 38(2) of the amending Act) by Finance Act 2026 (c. 11), s. 38(1)(b)(ii)(2) (with s. 38(3))

[^key-8cea6c063b9672293e28307d14c869a5]: Words in s. 139(6) substituted (with effect in accordance with s. 38(2) of the amending Act) by Finance Act 2026 (c. 11), s. 38(1)(c)(2) (with s. 38(3))

[^key-f93fdfe178f40260449fa5a65350de23]: Words in s. 139(7) substituted (with effect in accordance with s. 38(2) of the amending Act) by Finance Act 2026 (c. 11), s. 38(1)(c)(2) (with s. 38(3))

[^key-1b508c7a63599770c89e98b2cdc6c779]: Words in s. 139(5) substituted (with effect in accordance with s. 38(2) of the amending Act) by Finance Act 2026 (c. 11), s. 38(1)(b)(i)(2) (with s. 38(3))

[^key-8448c334f3c8a617c58635d3ba4c246a]: S. 162(6) inserted (with effect in accordance with s. 39(5) of the amending Act) by Finance Act 2026 (c. 11), s. 39(3)(5)

[^key-cefc9f5ea61be3ef5c0494890c7b8b86]: Words in s. 162(1) renumbered as s. 162(1)(a) (with effect in accordance with s. 39(5) of the amending Act) by Finance Act 2026 (c. 11), s. 39(2)(a)(5)

[^key-1209baa2fe796a8b4a4fded561ecd2a1]: S. 162(1)(b) and word inserted (with effect in accordance with s. 39(5) of the amending Act) by Finance Act 2026 (c. 11), s. 39(2)(b)(5)

[^key-e0215abe3959c3562f4344cd7e5027c2]: S. 162A omitted (with effect in accordance with s. 39(5) of the amending Act) by virtue of Finance Act 2026 (c. 11), s. 39(4)(5)

[^key-5c5c34a3c945de9a39bafb5d682f5de0]: Words in s. 236H(3) substituted (with effect in accordance with s. 35(4) of the amending Act) by Finance Act 2026 (c. 11), s. 35(3)(4)

[^key-63d90f9c4537cc83ecc12c999be66c07]: S. 236H(2)(2A) substituted for s. 236H(2) (with effect in accordance with s. 35(4) of the amending Act) by Finance Act 2026 (c. 11), s. 35(2)(4)

[^key-46c9dbe4938017d48f7e137316519bfe]: Words in Sch. D1 para. 2(2) substituted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2026 (c. 11), Sch. 3 para. 1(4)(a)(5)

[^key-294385b9c4b4fd5a565c1a4834057df1]: Words in Sch. D1 para. 2(2) inserted (for the tax year 2025-26 and subsequent tax years) by Finance Act 2026 (c. 11), Sch. 3 para. 1(4)(b)(5)

[^key-b3c94dc4b1d78fe491e4555526f00fe7]: Words in Sch. D1 para. 6 inserted (18.3.2026) by Finance Act 2026 (c. 11), Sch. 3 para. 2(2)(a)(i) (with Sch. 3 para. 2(4))

[^key-353761ab8a5f8f6a9d2689383e26a25e]: Words in Sch. D1 para. 6 substituted (18.3.2026) by Finance Act 2026 (c. 11), Sch. 3 para. 2(2)(a)(ii) (with Sch. 3 para. 2(4))

[^key-30540ab5724f2c36944f4ac06675be5b]: Words in Sch. D1 para. 6 inserted (18.3.2026) by Finance Act 2026 (c. 11), Sch. 3 para. 2(2)(b) (with Sch. 3 para. 2(4))

[^key-a6df62cb13851934b9e7ac65d88567ca]: S. 87BA inserted (for the tax year 2026-27 and subsequent tax years (but in relation to investment management services whenever performed)) by Finance Act 2026 (c. 11), s. 58(6), Sch. 11 para. 2(7)

[^key-5f5bc53938a4dd5b480b952f759d2337]: Word in s. 1H(1)(a) substituted (with effect in accordance with s. 8(6) of the amending Act) by Finance Act 2025 (c. 8), s. 8(5)(6) (with Sch. 2 Pt. 3)

[^key-9aa9788f6b52ca16b5f77cb9186747a7]: Word in s. 1H(1)(b) substituted (with effect in accordance with s. 9(8) of the amending Act) by Finance Act 2025 (c. 8), s. 9(6)(8) (with Sch. 2 Pt. 3)

[^key-5ce95021d39501f188b8ef9664b4f2e1]: Word in s. 1I(4)(a) substituted (with effect in accordance with s. 9(8) of the amending Act) by Finance Act 2025 (c. 8), s. 9(7)(8) (with Sch. 2 Pt. 3)

[^key-57a7d30b5c040e3e4a2321d49c65b2da]: Word in s. 169I(7D)(b) substituted (6.4.2026) by Finance Act 2026 (c. 11), s. 13(8)(a)(9)

[^key-57a6705364b44a25e273fea46701f5d4]: Words in s. 169I(7D)(b) inserted (6.4.2026) by Finance Act 2026 (c. 11), s. 13(8)(b)(9)

[^key-b65dfecd450ccea033dd31f6d113529d]: Word in s. 169N(3) substituted (with effect in accordance with s. 8(6) of the amending Act) by Finance Act 2025 (c. 8), s. 8(4)(6) (with Sch. 2 Pt. 3)

[^key-2ef92d8c1ceaf369de28d5dc21dce8b2]: Word in s. 169VC(2) substituted (with effect in accordance with s. 9(8) of the amending Act) by Finance Act 2025 (c. 8), s. 9(5)(8) (with Sch. 2 Pt. 3)