Simplification review: capital gains rules for groups of companies

The Related Companies Simplification Review announcement at the 2007 Pre-Budget Report identified the capital gains rules for groups of companies as an area for simplification.

Consultation document

Since the Related Companies Simplification Review was announced at the 2007 Pre-Budget Report, dialogue between business and the Government has identified the capital gains rules for groups of companies as an area where simplification would be particularly useful.

As announced at the 2009 Pre-Budget Report, the Government today published a full consultation document with detailed simplification proposals, including draft legislation, on capital losses after a change in ownership, value shifting and depreciatory transactions, and degrouping charges.