Capital gains group

1 transfer of asset within the group and subsequent disposal

2 reallocation of gains/losses = Notional transference of asset within the group
3 Rollover relief

1 transfer of asset within the group and subsequent disposal

NG/NL basis Normal computaion
IA …?
Proceeds x
cost
Add Indexation allowance 2004--2015
Indexed cost (x)
NG/NL 0

Transfree compnay
base cost = indexed cost

2 reallocation of gains/losses
A B C
1 Gains = 40000

election claimed
40000
-30000
10000

3 20000
reallocate

4 gain

5 gain b/f capial loss

less:gain gain
set off
 A B C D E

Transfer to D in 2015
A = asset purchased 2004
D company sale 2019 (outside the group)

2015 2019
Proceeds
Indexed cost
unindexed gain
IA (2015-2017)
Indexed gain/chargeable gain

D E

Loss = 30000

SME
Large

election claimed
40000
-30000
10000

asset purchased
gain
ROR