# Finance Act 2025, Paragraph 19: Business asset disposal relief: disposals relating to pre-commencement businesses

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

The amendments made by this Schedule do not have effect in relation to a disposal made on or after 6 April 2025 if it is—
(a) a disposal of business assets within section 169I(2)(b) of TCGA 1992 (assets used for purposes of business) where the date on which the business ceases to be carried on is before 6 April 2025;
(b) a disposal of business assets within section 169I(2)(c) of TCGA 1992 (shares in or securities of a company) where—
(i) the disposal is a material disposal by virtue of condition B in section 169I(7) of that Act or condition D in section 169I(7B) of that Act, and
(ii) the period of 2 years mentioned in condition B or condition D (as the case may be) ends before 6 April 2025;
(c) a disposal of trust business assets within section 169J(1) of TCGA 1992 where the settlement business assets are—
(i) assets consisting of (or of interests in) shares in or securities of a company in relation to which the period of 2 years mentioned in section 169J(4) of that Act ends before 6 April 2025, or
(ii) assets (or interests in assets) used or previously used for the purposes of a business in relation to which the period of 2 years mentioned in section 169J(5) of that Act ends before 6 April 2025;
(d) a disposal associated with a relevant material disposal within section 169K(1) of TCGA 1992, where the date of the material disposal of business assets with which the disposal is associated is before 6 April 2025.

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Source: https://www.legislation.gov.uk/ukpga/2025/8/schedule/5/paragraph/19 (the official version)
Page: https://openlegislation.uk/finance-act-2025/schedule-5/paragraph-19
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.