CG12612 - Exemptions: retirement relief

TCGA92/S163 & TCGA92/S164

Retirement relief is available to an individual who, at the time of the qualifying disposal,

• is at least 50 years old (for disposals on or after 28 November 1995: previously 55, and before that 60, see CG63360), or
• has retired early on ill-health grounds

If the conditions for relief are satisfied, retirement relief can result in gains on the qualifying disposal being wholly or partially exempted from charge. See CG63200+ for a detailed analysis of the relief.