CFM17100 - Stock loans: accrued income scheme

Transfers of securities and the accrued income scheme

ITA07/S653 (formerly ICTA88/S727A) excludes transfers of securities in a stock lending arrangement from the scope of the accrued income scheme where the Capital Gains tax exemption of TCGA92/S263B CFM17080 applies to the transfers. This rule is only relevant to non-corporates.