Page 11 - F6 - Capital Gains Tax - Proceeds, Cost Price & Roll-Overs

Capital Losses On Disposals To

Connected Persons (Par 39)

 a capital loss on the disposal of an asset to a

connected person is treated as a ‘clogged’ loss

 disregarded capital loss

 may only be deducted from capital gains arising

from disposals of assets to the same person