Revenue eBrief No. 204/22
02 December 2022
Capital Gains Tax (CGT) – S604A TCA 1997 updates including Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Act 2020 changes
Tax and Duty Manual Part 19-07-03A - Relief on disposals of certain land or buildings (S.604A) - has been updated:
- to note that the relief contained in section 604A of the Taxes Consolidation Act 1997 may apply in respect of disposals of land or buildings located in the UK. This reflects an amendment made to section 604A by the Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Act 2020, and
- to confirm the meaning of “consideration” for the purpose of the relief.