Taxation of Chargeable Gains Act 1992 section 151Z

Diminishing shared ownership arrangements: further provision in respect of refinancing

Section 151Z ensures that when a customer refinances a Sharia-compliant diminishing shared ownership arrangement, the various disposals and acquisitions involved in the refinancing process do not trigger capital gains tax charges.

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.