http://www.legislation.gov.uk/uksi/2021/629/madeThe Taxation of Chargeable Gains (Gilt-edged Securities) Order 2021enKing's Printer of Acts of Parliament2021-06-01CAPITAL GAINS TAXCORPORATION TAX Section 115 of the Taxation of Chargeable Gains Act 1992 (c. 12) (“TCGA”) provides that gains on the disposal of “gilt-edged securities” are not chargeable gains. They are not therefore subject to capital gains tax (or, for companies, corporation tax). Paragraph 1 of Schedule 9 to TCGA provides that “gilt-edged securities” are those securities specified in Part II of that Schedule and such stocks and bonds issued under section 12 of the National Loans Act 1968 denominated in sterling and issued after 15th April 1969, as may be specified by order made by the Treasury. In the exercise of that power this Order specifies ten securities as “gilt-edged securities”. 2021 No. 629 Capital Gains Tax Corporation Tax The Taxation of Chargeable Gains (Gilt-edged Securities) Order 2021 Made 26th May 2021 The Treasury, in exercise of the powers conferred by paragraph 1 of Schedule 9 to the Taxation of Chargeable Gains Act 1992, make the following Order. Citation 1 This Order may be cited as The Taxation of Chargeable Gains (Gilt-edged Securities) Order 2021. Securities specified as gilt-edged securities 2 For the purpose of the Taxation of Chargeable Gains Act 1992 the following securities are specified as “gilt-edged securities”— 0⅛% Treasury Gilt 2024 0⅛% Treasury Gilt 2026 0⅜% Treasury Gilt 2026 0⅛% Treasury Gilt 2028 0⅛% Index-linked Treasury Gilt 2031 0¼% Treasury Gilt 2031 0⅝% Treasury Gilt 2035 0⅞% Treasury Gilt 2046 0⅝% Treasury Gilt 2050 0⅛% Index-linked Treasury Gilt 2051 James Morris Rebecca Harris Two of the Lords Commissioners of Her Majesty’s Treasury 26th May 2021 EXPLANATORY NOTE (This note is not part of the Order)

Section 115 of the Taxation of Chargeable Gains Act 1992 (c. 12) (“TCGA”) provides that gains on the disposal of “gilt-edged securities” are not chargeable gains. They are not therefore subject to capital gains tax (or, for companies, corporation tax). Paragraph 1 of Schedule 9 to TCGA provides that “gilt-edged securities” are those securities specified in Part II of that Schedule and such stocks and bonds issued under section 12 of the National Loans Act 1968 denominated in sterling and issued after 15th April 1969, as may be specified by order made by the Treasury. In the exercise of that power this Order specifies ten securities as “gilt-edged securities”.

A complete list of gilt-edged securities which are exempt from Capital Gains Tax may be found online at www.gov.uk/guidance/gilt-edged-securities-exempt-from-capital-gains-tax or obtained by writing to the HM Revenue and Customs Ministerial Correspondence Unit, 1st Floor, Ferrers House, PO Box 38, Castle Meadow Road, Nottingham, NG2 1BB.

A Tax Information and Impact Note has not been prepared for this instrument as it contains no substantive changes to tax policy.

 1992 c. 12.