Taxation of Chargeable Gains Act 1992 section 153A

Schedule 7AB paragraph 4 – section 153A

Section 153A, as referenced through Schedule 7AB paragraph 4, deals with amendments introduced by Finance Act 2011 relating to the taxation of chargeable gains.

• This provision was amended by Finance Act 2011, Schedule 10, paragraph 5(c).
• The amendment modifies the application of section 153A within the framework of Schedule 7AB of the Taxation of Chargeable Gains Act 1992.
• Schedule 7AB sets out detailed rules that interact with section 153A to determine how certain chargeable gains are treated.
• Practitioners should refer to the amended text of section 153A as modified by the 2011 changes when considering its current application.