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5 Cards in this Set

  • Front
  • Back

Takeover Relief - Treatment of Cash

Gain is chargeable immediately

Takeover Relief - Treatment of Shares

New shares - so no gain until sold

Takeover Relief - Treatment of Loan Stock

Calculate gain now but frozen until sold

Why would you 'Disapply' from Takeover Relief conditions?

Trade off is whether more CGT to be paid down the line i.e Paying CGT now could be at 10% rather than 20% in the future



Consider amount of gains occuring in current year Vs future periods

Takeover Relief - Treatment of QCBs (Qualifying Corporate Bonds)

Gain is deferred until the sale of QCB



They never qualify for BADR