Finance Act, 2000

Chapter 6

Capital Gains Tax

Amendment of section 598 (disposals of business or farm on “retirement”) of Principal Act.

85.—Section 598(2) of the Principal Act is amended as respects disposals made on or after 1 December 1999 in paragraph (a) by the substitution of “£375,000” for “£250,000” in each place where it occurs.