Taxation of Chargeable Gains Act 1992 section 169T

Overview of Chapter

Section 169T introduces a chapter dealing with the ability to claim business asset disposal relief where held-over gains from a business disposal become chargeable because of events connected with Enterprise Investment Scheme or social enterprise investments.

• This chapter (sections 169T–169V) covers business asset disposal relief claims in specific circumstances involving held-over gains originally arising from a business disposal
• The relief applies where a chargeable event occurs under Schedule 5B (Enterprise Investment Scheme re-investment relief) or Schedule 8B (hold-over relief for gains re-invested in social enterprises)
• The chapter was introduced by Finance Act 2015 and applies to disposals made on or after 3 December 2014
• The relief was originally known as Entrepreneurs' Relief and was renamed to business asset disposal relief by Finance Act 2020