Paragraph 6

In section 4 (rates of capital gains tax), after subsection (3A) insert—

“(3B)

The rate of capital gains tax is 20% in respect of—

(a)

gains chargeable under section 14D accruing to a company in a tax year, and

(b)

gains chargeable under section 188D accruing in a tax year to the relevant body of an NRCGT group (as defined in that section).”