CG66720 - Gifts and hold-over relief: Finance Act 1989 changes

FA89 Changes

There were major changes to the Capital Gains Tax rules for gifts and hold-over relief in Finance Act 1989, see CG66630, which limited the scope of the relief. The changes took effect from 14 March 1989. This Section is in two parts:

• Part I which you will find in CG66730+ gives you a summary of the position before 14 March 1989
• Part II which you will find in CG66880+ tells you in detail about the position after 14 March 1989.