Revenue eBrief No. 217/22

21 December 2022

Capital Acquisitions Tax Manual Part 12: Business Relief - Clawing Back the Relief (section 101)

Capital Acquisitions Tax Manual Part 12 provides guidance on the operation of Business Relief.
Section 12.7 of the manual deals with the circumstances where the relief will be withdrawn. This section has been updated to clarify that Business Relief will not be withdrawn where the event that would otherwise give rise to the withdrawal occurs after the death of the donee or successor. Two examples have been added to the section to provide further clarity.