Remedy
Start free

Section 1D: Non-UK residents: assets deriving 75% of value from UK land etc

Taxation of Chargeable Gains Act 1992 · 1992 c. 12View on legislation.gov.uk

Part 1: Capital gains tax and corporation tax on chargeable gains — Chapter 1: Capital gains tax

For the purposes of section 1A(3)(c) the following questions are determined in accordance with the provision made by Schedule 1A—

whether the asset being disposed of derives at least 75% of its value from UK land, and
whether the person making the disposal has a substantial indirect interest in the UK land at the time of the disposal.

The provision made by Schedule 1A is not to be taken as affecting the meaning of "substantial" in other contexts.

About this text

This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.