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Official guidance
Capital Gains Manual

CG44100P · Capital Gains Manual: Companies and Groups of Companies: Targeted rules to prevent income to capital converter schemes by companies

  • CG44100 · Targeted rules to prevent income to capital converter schemes by companies - general
  • CG44102 · Targeted rules to prevent income to capital converter schemes by companies - definition of arrangements
  • CG44103 · Targeted rules to prevent income to capital converter schemes by companies - definition of tax advantage
  • CG44104 · Targeted rules to prevent income to capital converter schemes by companies - is a tax advantage a main purpose?
  • CG44105 · Targeted rules to prevent income to capital converter schemes by companies - tax advantage - choice of commercial options
  • CG44109 · Targeted rules to prevent income to capital converter schemes by companies - mandatory submission to Anti-Avoidance Group (Investigations)
  • CG44110 · Targeted rules to prevent the contrived creation of capital losses by companies - company to which tax advantage arises
  • CG44120 · Targeted rules to prevent income to capital converter schemes by companies - types of scheme
  • CG44121 · Targeted rules to prevent income to capital converter schemes by companies - income to capital schemes
  • CG44122 · Targeted rules to prevent income to capital converter schemes by companies - no double taxation
  • CG44124 · Targeted rules to prevent income to capital converter schemes by companies - income deduction and matching capital gain cases
  • CG44125 · Targeted rules to prevent income to capital converter schemes by companies - sale and leaseback exclusion
  • CG44126 · Targeted rules to prevent income to capital converter schemes by companies - arrangements the legislation will not catch
  • CG44140 · Targeted rules to prevent income to capital converter schemes by companies - notice provisions
  • CG44141 · Targeted rules to prevent income to capital converter schemes by companies - grounds for the issue of a notice
  • CG44142 · Targeted rules to prevent income to capital converter schemes by companies - conditions for the issue of a notice
  • CG44143 · Targeted rules to prevent income to capital converter schemes by companies - issue of notice after enquiry opened
  • CG44144 · Targeted rules to prevent income to capital converter schemes by companies - details of notice
  • CG44145 · Targeted rules to prevent income to capital converter schemes by companies - notices - 90 day period
  • CG44150 · Targeted rules to prevent income to capital converter schemes by companies - informal clearances
  • CG44151 · Companies and Groups of Companies: Targeted rules to prevent income to capital converter schemes by companies: Targeted rules to prevent income to capital converter schemes by companies - Informal clearances - Contacting HMRC
  • CG44152 · Targeted rules to prevent income to capital converter schemes by companies - terms of informal clearance
  • CG44153 · Targeted rules to prevent income to capital converter schemes by companies - clearance refused
  • CG44154 · Targeted rules to prevent income to capital converter schemes by companies - action by company tax office
  • CG44155 · Targeted rules to prevent income to capital converter schemes by companies - interaction of clearance and disclosure regime
  • CG44156 · Targeted rules to prevent income to capital converter schemes by companies - format of clearance application
  • CG44101 · Targeted rules to prevent income to capital converter schemes by companies - general
  • CG44106 · Targeted rules to prevent income to capital converter schemes by companies - tax advantage - choice of commercial options
  • CG44123 · Targeted rules to prevent income to capital converter schemes by companies - definition of tax advantage
  1. Capital Gains Manual: Companies and Groups of Companies: Targeted rules to prevent income to capital converter schemes by companies: contents
  2. Targeted rules to prevent income to capital converter schemes by companies - action by company tax office

CG44154 | Targeted rules to prevent income to capital converter schemes by companies - action by company tax office

From HM Revenue & Customs · Capital Gains Manual

The application of the clearance should be reviewed by the company’s local taxoffice to ensure that the facts and circumstances relating to the actual transaction areas described in the application.

If they are not, a full report should be made to Capital Gains Technical Group, before anyfurther action is taken.

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