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Official guidance
Capital Gains Manual

CG65990P · Reliefs: losses on loans to traders (including payments under a guarantee): relief for payments under a guarantee

  • CG65991 · Losses: loans to traders: payments under guarantee: general
  • CG65993 · Losses: loans to traders: losses: loans to traders: other conditions
  • CG65994 · Losses: loans to traders: losses: loans to traders: time limit to claim
  • CG65995 · Losses: loans to traders: losses: loans to traders: novation of debt
  • CG66000 · Losses: loans to traders: payments under guarantee: irrecoverability
  • CG66010 · Losses: loans to traders: payments under guarantee
  • CG66014 · Losses: loans to traders: payments under guarantee: asset as security
  • CG66020 · Losses: loans to traders: payments under guarantee: claims
  • CG66030 · Losses: loans to traders: payments by co- guarantors
  • CG66031 · Losses: loans to traders: payments under guarantee: co-guarantor's share
  • CG66032 · Losses: loans to traders: payments under guarantee
  • CG66040 · Losses: loans to traders: guarantor's rights acquired as result of payment
  • CG66041 · Losses: loans to traders: subsequent recoveries
  • CG65990 · Losses: loans to traders: payments under guarantee
  • CG65992 · Losses: loans to traders: payments under guarantee: general
  • CG66011 · Losses: loans to traders: payments under guarantee
  • CG66012 · Losses: loans to traders: payments under guarantee
  • CG66013 · Losses: loans to traders: payments under guarantee
  • CG66033 · Losses: loans to traders: payments under guarantee: example
  1. Reliefs: losses on loans to traders (including payments under a guarantee): relief for payments under a guarantee: contents
  2. Losses: loans to traders: payments under guarantee: asset as security

CG66014 | Losses: loans to traders: payments under guarantee: asset as security

From HM Revenue & Customs · Capital Gains Manual

We accept that where a person charges an asset as security for a qualifying loan and in accordance with that arrangement the security is realised for the benefit of the lender, Section 253 (4) is capable of applying in the same way as if the payment was made under a specific guarantee.

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