CTM02250 | Corporation Tax: chargeable gains

Chargeable gains arising to companies are computed in accordance with Capital Gains Tax principles as if:

• accounting periods were years of assessment, and

• references to Income Tax were references to Corporation Tax.

The Capital Gains Manual guidance applies, with any necessary adaptations.

For detailed guidance on:

• chargeable gains arising to companies see CG40200 onwards,

• chargeable gains issues relating to groups of companies see CG45000 onwards.