Part 2 Whether asset derives at least 75% of its value from UK landC1F1
- The basic rule
- Meaning of “qualifying assets”
- Exception in relation to interests in UK land used for trading purposes
- Exception for certain disposals of rights or interests under same arrangements etc
- Meaning of “interest in UK land”
Annotations
Textual amendments
- F1
Sch. 1A inserted (with effect in accordance with Sch. 1 paras. 120, 123 of the amending Act) by Finance Act 2019 (c. 1), Sch. 1 para. 14
Modifications
- C1
Sch. 1A Pt. 2 applied (with modifications) (19.3.2025) by The Co-ownership Contractual Schemes (Tax) Regulations 2025 (S.I. 2025/200), regs. 1(2), 11(4) (with reg. 63)