Taxation of Chargeable Gains Act 1992 section 95

Matching after transfer

Section 95 dealt with the matching of gains after a transfer, but was removed from the legislation from the 2008–09 tax year onwards.

• Section 95 originally addressed the matching of chargeable gains following a transfer of assets.
• The section was omitted by the Finance Act 2008, as part of wider reforms to the remittance basis of taxation.
• The repeal took effect from the 2008–09 tax year and applies to all subsequent tax years.
• The provision is no longer operative and has no application to current tax computations.