CG67533 - Charities: religious communities: excess allowable figures: set-off
ESC/B10 applies to Capital Gains Tax in cases where:
- the community is not capable of being regarded as a charity
- the aggregate of the allowable figure for each monk or nun, for the appropriate year of assessment, exceeds the community's income
- the excess may be set against any chargeable gains of the community for that year.