CG Manual - Recent changes to this manual
Below are details of the amendments that were published on 2 April 2007 (see the update index for all updates).
| Section | Title and details of update |
CONTENTS |
|
| CG40200c | New section added at CG44100+ |
| CG40200+ | New guidance paragraphs added at CG40240 to CG40255 inclusive |
| CG44100+ | New section added to include guidance paragraphs CG44100 to CG44156 |
| CG45000c | New sections added at
CG47000+, CG47020+ and CG47320+.
Section CG47500+ renumbered CG47520+ |
| CG47000+ | New section added to
include guidance paragraphs CG47500 to CG47511 after they have been
re-numbered CG47000 to CG47011.
New guidance paragraphs added at CG47006 and CG47007 |
| CG47020+ | New section added to include guidance paragraphs CG47020 to CG47052 |
| CG47320+ | New section added to include guidance paragraphs CG47320 to CG47338 |
| CG47500+ | Section renumbered CG47520+ and guidance paragraphs CG47500 to CG47511 re-numbered CG47000 to CG47011 and moved to CG47000+ |
| CG47520+ | Section renumbered CG47520+ and guidance paragraphs CG47500 to CG47511 re-numbered CG47000 to CG47011 and moved to CG47000+ |
| CG60201c | CG61970+ - Heading amended to replace ‘all employee share ownership plan’ with ‘Share Incentive Plan’ |
| CGAPP1+ | New appendix added at CG/APP8 |
INTRODUCTION AND COMPUTATION (CG10200+) |
|
| CG14260 | Cross reference in penultimate bullet point corrected. |
| CG15800 | Text added regarding losses accruing to a company in disqualifying circumstances (TCGA92/S8(2A) to (2C)) plus cross references amended within final bullet point |
| CG17958 | Guidance paragraph revised to incorporate additional clarification of the treatment of an asset where some part of it is in use as a business asset and at the same time parts of it are also put to a ‘non-qualifying use’ and other parts are not used at all. This does not constitute any change in HMRC treatment. |
COMPANIES AND GROUPS OF COMPANIES (CG40200+) |
|
| CG40230 | New final paragraph added regarding rules placing a restriction on a company’s allowable losses enacted in FA 2006 |
| CG40231 | Reference to TCGA92/S184A
– F added plus CG cross reference amended.
New final paragraph added regarding rules placing a restriction on a company’s allowable losses enacted in FA 2006 |
| CG40232 | New final paragraph added regarding rules placing a restriction on a company’s allowable losses enacted in FA 2006 |
| CG40233 | New final paragraph added regarding rules placing a restriction on a company’s allowable losses enacted in FA 2006 |
| CG40234 | New final paragraph added regarding rules placing a restriction on a company’s allowable losses enacted in FA 2006 |
| CG40235 | New final paragraph added regarding rules placing a restriction on a company’s allowable losses enacted in FA 2006 |
| CG40240 to CG40255 | New guidance inserted on losses – anti avoidance provision – creation of artificial losses by companies |
| CG44100 to CG44156 | New guidance on anti avoidance provision – income to capital converter schemes |
| CG45310 | Reference to TCGA92/S184A – F added plus CG cross reference amended. |
| CG47000 | Re-numbered from CG47500 |
| CG47001 | Re-numbered from CG47501 |
| CG47002 | Re-numbered from CG47502 |
| CG47003 | Re-numbered from CG47503 |
| CG47004 | Re-numbered from CG47504 |
| CG47005 | Re-numbered from CG47505 |
| CG47006 | New guidance paragraph added on restrictions on setting off capital losses – FA 2006 rules |
| CG47007 | New guidance paragraph added on restrictions on setting off capital losses – FA 2006 rules |
| CG47010 | Re-numbered from CG47510 and final paragraph added on where to find the additional rules introduced by FA06/S70. Incomplete CG cross reference amended. |
| CG47011 | Re-numbered from CG47511 and heading amended. |
| CG47020 to CG47338 | New guidance on restrictions on setting off capital losses – FA 2006 rules |
| CG47500 | Re-numbered to CG47000 |
| CG47501 | Re-numbered to CG47001 |
| CG47502 | Re-numbered to CG47002 |
| CG47503 | Re-numbered to CG47003 |
| CG47504 | Re-numbered to CG47004 |
| CG47505 | Re-numbered to CG47005 |
| CG47510 | Re-numbered to CG47010 |
| CG47511 | Re-numbered to CG47011 |
| CG47520 to CG47535 | New final paragraph added regarding restrictions on setting off capital losses - general |
| CG47550 | Additional text added as
a second paragraph regarding TCGA92/S184A and TCGA92/184C – F
Flowchart added to, to consider the provisions of TCGA92/S184A – F New final paragraph added regarding restrictions on setting off capital losses - general |
| CG47560 to CG48224 | New final paragraph added regarding restrictions on setting off capital losses - general |
| CG48000 | Incorrect cross reference amended |
| CG48200 | Incorrect cross reference amended |
SHARES AND SECURITIES (CG50200+) |
|
| CG53072 | CT cross reference corrected to the CTM cross reference |
| CG57404 | Missing part of final sentence re-attached and some commas within the guidance paragraph replaced with full stops, where appropriate. |
RELIEFS (CG60200+) |
|
| CG63572 | Statutory Reference to the case of Plumbly v Spencer corrected |
APPENDICES (CGAPP1+) |
|
| CG/APP8 | Appendix added giving a link to new HMRC guidance |
