{
  "url": "https://openlegislation.uk/finance-act-2025/schedule-12/paragraph-58",
  "json_url": "https://openlegislation.uk/finance-act-2025/schedule-12/paragraph-58.json",
  "legislation": "ukpga/2025/8",
  "legislation_title": "Finance Act 2025",
  "legislation_url": "https://openlegislation.uk/finance-act-2025",
  "path": "schedule/12/paragraph/58",
  "kind": "paragraph",
  "number": "58",
  "heading": null,
  "text": "(1) Section 87B (section 87: remittance basis) is amended as follows.\n(2) In subsection (1)—\n(a) in paragraph (a)—\n(i) for “are treated” substitute “were treated”;\n(ii) for “a tax year” substitute “the tax year 2024-25 or an earlier tax year”;\n(b) in paragraph (b), for “applies” substitute “applied”.\n(3) In subsection (2), for “chargeable gains accruing” substitute “treated as having accrued”.\n(4) In subsection (4), for “are treated as accruing consists of” substitute “were treated as accruing consisted of”.\n(5) At the end insert—\n“(5) The references in this section to sections 87I(1)(c), 87K and 87L (which were repealed by Part 3 of Schedule 12 to the Finance Act 2025) are to those provisions as they had effect for the tax year in which the chargeable gains were treated as accruing to the individual.”",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2025/8/schedule/12/paragraph/58",
    "retrieved_at": "2026-10-29T08:47:01.939707+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}