Capital Gains Tax 2015/16 examines the current legislation and HMRC guidance in a clear, comprehensive style and is invaluable for all those who deal with capital gains tax on a regular basis. Capital Gains Tax 2015/16 covers: Recent developments in CGT, Computation of gains and losses and special rules for particular assets, CGT for partnerships and partnership assets, CGT in the periods immediately before and after death, CGT payable by trusts, Gains made by companies and the exemptions available, Disincorporation relief, CGT planning, Entrepreneurs' relief (ER), Main residence relief, Hold-over relief for gifts, Roll-over relief for business assets, Relief on incorporation of a business, EIS, SEIS and social investment relief, Relief for losses on loans to traders and on disposal of shares, Transfer of company shares to Employee Ownership Trust, Relief for gifts to the nation (cultural gifts scheme) Capital Gains Tax 2015/16 is fully updated to the Finance Acts in 2015 and examines the following key topics: Restriction of ER for goodwill gains on incorporation, New definition of trading group for ER, Deferring of ER claims following investment in ElS or SITR, New conditions for associated disposals to qualify for ER, CGT charges for non-UK residents disposing of residential property, New rules for temporary non-residents, Treatment of carried interest from 8 July 2015, Changes to method of valuing quoted shares, Application of Accelerated Payment Notices, When letting activity is treated as a business for CGT reliefs, CGT exemption for chattels, General Anti-Abuse Rule (GAAR) revised guidance, Recent CGT cases including R Ames (EIS deferral claim), G Finn (subscriber shares & EIS), This accessible reference guide has a user-friendly structure with 'signposts' at the beginning of each chapter to summarise key topics and 'focus points' throughout to highlight important issues. Numerous worked examples demonstrate how to apply the main principles in practice and all examples are listed in a table at the beginning for quick navigation. Book jacket.