Part 8Other reliefs
Chapter 3Gifts of shares, securities and real property to charities etc
Supplementary
445Prohibition against double relief
1
If a claim is made for relief under this Chapter in respect of a disposal—
a
section 108 of ITTOIA 2005 (gifts of trading stock to charities etc) does not apply in relation to the disposal, and
b
no relief in respect of the disposal is allowable under any other provision of the Income Tax Acts.
2
For the effect on capital gains tax or corporation tax on chargeable gains where an individual is entitled to relief under this Chapter, see section 257(2A) to (2C) of TCGA 1992 (gifts to charities etc).
446“Charity” to include exempt bodies
In this Chapter “charity” includes—
a
the Trustees of the National Heritage Memorial Fund, F1and
b
the Historic Buildings and Monuments Commission for England, F2...
F2c
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