Finance Act 2012

Chapter 6

Capital Gains Tax

Capital gains: rate of charge.

55.— (1) The Principal Act is amended—

(a) in section 28(3) by substituting “30 per cent” for “25 per cent”, and

(b) in section 649A(1) by substituting the following for paragraph (b):

“(b) in the case of a relevant disposal made on or after 7 December 2011, 30 per cent.”.

(2) This section applies to disposals made on or after 7 December 2011.