{
  "url": "https://openlegislation.uk/taxation-of-chargeable-gains-act-1992/section-261A",
  "json_url": "https://openlegislation.uk/taxation-of-chargeable-gains-act-1992/section-261A.json",
  "legislation": "ukpga/1992/12",
  "legislation_title": "Taxation of Chargeable Gains Act 1992",
  "legislation_url": "https://openlegislation.uk/taxation-of-chargeable-gains-act-1992",
  "path": "section/261A",
  "kind": "section",
  "number": "261A",
  "heading": "Disposal of know-how as part of disposal of all or part of a trade",
  "text": "(1) This section applies if—\n(a) a person carrying on a trade receives consideration for the disposal of know-how which has been used in the trade, and\n(b) the know-how is disposed of as part of the disposal of all or part of the trade.\n(2) If, as a result of section 194 of ITTOIA 2005, the consideration is treated for income tax purposes as—\n(a) a capital receipt for goodwill (in relation to the person disposing of the know-how), or\n(b) a capital payment for goodwill (in relation to the person acquiring the know-how),\nthe consideration is treated for capital gains tax purposes in the same way.\n(3) This section has effect as if it were contained in Chapter 14 of Part 2 of ITTOIA 2005.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "S. 261A and cross-heading inserted (with effect in accordance with s. 883(1) of the amending Act) by Income Tax (Trading and Other Income) Act 2005 (c. 5), s. 883(1), Sch. 1 para. 444 (with Sch. 2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1992/12/section/261A",
    "retrieved_at": "2026-10-29T09:36:15.270072+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."
}