Chargeable gains in companies
In this lesson, you'll learn how chargeable gains are taxed differently for companies compared to individuals, and why this distinction matters for your Taxation exam.
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In this lesson
- 0:00 Chargeable gains in companies overview
- 0:23 Share matching rules and reliefs for companies
- 0:45 Indexation allowance and tax calculation
- 1:14 Netting gains and applying indexation relief
About this lesson
Companies pay corporation tax on net chargeable gains at 19% or 25% (with marginal relief available), don't benefit from an annual exempt amount, and can't claim most capital gains reliefs—except rollover relief. You'll discover how indexation allowance reduces taxable gains on costs up to December 2017, and understand which reliefs simply don't apply to companies, including gift relief, business asset disposal relief, and investors relief. This knowledge is essential for accurately calculating corporation tax liabilities in exam scenarios and real-world practice.
Duration: 2m
Transcript
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