Paragraph 16A F1
(1)
In this Part of this Schedule “residential property gain” means so much of a chargeable gain accruing to a person on a disposal of residential property as, in accordance with paragraph 16B, is attributable to that property.
(2)
The question whether or not a person disposes of residential property is determined in accordance with paragraphs 16C to 16G.
Annotations
Textual amendments
- F1
Sch. 2 paras. 16A-16H and cross-heading inserted (with effect in accordance with s. 7(3) of the amending Act) by Finance Act 2025 (c. 8), s. 7(3), Sch. 1 para. 9(2) (with Sch. 2 Pts. 1, 2)