Re‐basing of capital gains – Finance Act 1988

Abstract

Examines the Finance Act 1988, which introduced significant reforms to the calculation of capital gains tax (CGT). Briefly outlines the nature of the main changes concerning the taxation of transactions in land and assesses their likely impact on property valuation and valuers.

Citation

Falvey, P. (1989), "Re‐basing of capital gains – Finance Act 1988", Journal of Valuation, Vol. 7 No. 1, pp. 53-58. https://doi.org/10.1108/EUM0000000003258