Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.
- AI tax research with linked legislation and Finance Act changes
- Commentary, official guidance, publications and training material
- Case law, appeals and tribunal decisions in one place
Taxation of Chargeable Gains Act 1992 Schedule 4AA paragraph 14
Election for retrospective basis of calculation
Paragraph 14 allows a person to elect out of the rebasing rules, so that the gain or loss on a disposal of UK land is calculated on the full historical cost basis rather than by reference to the deemed sale and reacquisition values at 5 April 2015 or 5 April 2019.
Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.