# Finance Act 2025, Paragraph 10: TCGA 1992

Extent: E+W+S+N.I.

(1) TCGA 1992 is amended as follows.
(2) In section 3A (gains connected to avoidance or foreign activities etc) omit subsections (3) to (5).
(3) In section 165A (meaning of “trading company” and “trading group”), in subsection (14), in the definition of “trade” omit “(subject to section 241(3))”.
(4) Omit—
(a) section 241 (UK furnished holiday lettings), and
(b) section 241A (EEA furnished holiday lettings).

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Source: https://www.legislation.gov.uk/ukpga/2025/8/schedule/5/paragraph/10 (the official version)
Page: https://openlegislation.uk/finance-act-2025/schedule-5/paragraph-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.