[1K Annual exempt amount]

[Annual exempt amount]

[1K  Annual exempt amount]

[(1)     If an individual is (or, apart from this section, would be) chargeable to capital gains tax for a tax year on chargeable gains, the annual exempt amount for the year is to be deducted from those gains (but no further than necessary to eliminate them).

(2)     The annual exempt amount for a tax year is [£3,000].

(3)

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