Reinvestment Relief
Published / Last Updated on 26/06/2014
Reinvestment Relief
Capital Gains Tax CGT may be deferred by reinvestment of the chargeable gain into certain eligible qualifying shares such as Enterprise Investment Schemes.
The reinvestment cannot be outside one year before the date of disposal or more than three years after the date of disposal.
It is possible for individuals and trusts that have been set up for individuals to claim the relief.
Any gain will continue to be deferred as long as qualifying shares are held in accordance with stringent provisions.