CG47035 - Targeted anti-loss buying rule - limited exception to the rule for gain assets held before change of ownership

Between 5 December 2005 and 21 March 2007, TCGA92/S184A (2) provided limited circumstances in which the loss buying provisions in TCGA92/S184A to F did not prevent access to a loss where the loss is set against a gain which arises to a company on the disposal of an asset it either disposed of, or owned, prior to the change of ownership.

This exception was removed by FA07/S32 (2)