Taxation of Chargeable Gains Act 1992 Schedule 4ZZC paragraph 7

Application of Part

Paragraph 7 of Schedule 4ZZC establishes which disposals fall within this Part of the Schedule, defining the scope of its application.

• This paragraph determines whether a particular disposal of an asset is subject to the rules set out in this Part of the Schedule.
• It acts as a gateway provision, directing taxpayers to the relevant computational rules that apply to their disposal.
• The provision was introduced by the Finance Act 2019 as part of Schedule 1, paragraph 20.
• It forms part of the wider framework within Schedule 4ZZC for calculating chargeable gains on certain disposals.