SolvedCG38780 | Charities
From HM Revenue & Customs · Capital Gains Manual
If a capital payment is received by a charity that qualifies for relief under TCGA92/S256 the charitable exemption applies if the payment is applicable and applied for charitable purposes. This view was confirmed in Tax Bulletin 36. The trustees’ section 2(2)* amount is still reduced by the amount of the matched payment.
*This section was re-written for disposals from 6 April 2019 to section 1(3) see CG10150.