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Section 156ZA: Intangible fixed assets: roll-over relief

Taxation of Chargeable Gains Act 1992 · 1992 c. 12View on legislation.gov.uk

Part V: Transfer of business assets, business asset disposal relief and investors' relief — Chapter I: Transfer of business assets: General provisions

This section applies if a company is entitled to relief under Chapter 7 of Part 8 of CTA 2009 (roll-over relief in case of realisation and reinvestment) as a result of—

section 898 of that Act (roll-over relief where pre-FA 2002 assets disposed of on or after 1 April 2002), or
section 899 of that Act (roll-over relief where degrouping charge on pre-FA 2002 asset arises on or after 1 April 2002).

The company is treated for the purposes of this Act as if the consideration for the disposal of the old asset were reduced by the amount available for relief.

Subsection (2) does not affect the treatment for any purpose of the Taxes Acts of the other party to any transaction involved in the disposal of the old asset or the expenditure on other assets.

In this section—

  • "the old asset" has the same meaning as in Chapter 7 of Part 8 of CTA 2009 (see section 754(2)), and

  • "the Taxes Acts" means the enactments relating to income tax, corporation tax or chargeable gains.

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This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.