CG12705 | Introduction and computation: occasions of charge: disposal of assets: no gain, no loss disposals

No gain/no loss disposals are disposals where the asset is treated as passing from the transferor to the transferee at a value which results in neither a gain nor a loss accruing to the transferor. For example

· transfers between spouses or between civil partners of each other in a year of assessment in which they are living together, see CG22200C.

· transfers between UK resident companies in the same group, see CG45300P.

· the transfer of a business between UK resident companies as part of a scheme of reconstruction or amalgamation, see CG52800P

· a gift to a charity, see CG66620P.

This list may not be exhaustive. If you encounter a scenario not covered in this list, it is important to consider whether the statute and guidance in this manual provides an answer.