Taxation of Chargeable Gains Act 1992 Schedule C1 paragraph 1

Introduction

Schedule C1 paragraph 1 provides the introductory framework for the schedule, setting out its scope and purpose as introduced by the Finance Act 2019.

• This paragraph serves as the opening provision of Schedule C1, establishing the context for the rules that follow within the schedule.
• The schedule was inserted into the Taxation of Chargeable Gains Act 1992 by the Finance Act 2019, Schedule 1, paragraph 12.
• As an introductory paragraph, it defines the framework and sets the scene for the detailed provisions contained in the remainder of Schedule C1.
• The provisions that follow in the schedule should be read and interpreted in the context established by this introductory paragraph.