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The disposal of particular assets may attract full or partial relief from Capital Gains Tax. These volumes deal with

• roll-over relief for the replacement of business assets, see CG60250+Ìý
• roll-over relief for the replacement of land by local constituency associations of political parties on reorganisations of constituencies, see CG61800+Ìý
• roll-over relief for the replacement of land acquired by an authority having powers of compulsory purchase, see CG61900+Ìý
• roll-over relief on a transfer of shares to an All Employee Share Ownership Trust, see CG61970+Ìý
• private residence relief on a disposal of a person's only or main residence, see CG64200+Ìý
• relief on the transfer of a business to a company, see CG65700+Ìý
• relief for losses on loans to traders or for payments under a guarantee, see CG65900+Ìý
• double taxation relief on the disposal of assets where foreign tax is paid, see CG14380Ìý
• hold-over relief on gifts, see CG66450+.

Particular types of organisation are exempt from Capital Gains Tax on the disposal of certain assets. The next part of Volume 7 deals with

• charities, see CG67500+Ìý
• trades unions, see CG67600+Ìý
• superannuation funds, see CG67650+Ìý

Order of reliefs

Where reliefs are available in respect of discrete types of asset no confusion can arise about their interaction. However, particularly in relation to business assets, a number of different reliefs may be available. The order in which such reliefs should be allowed depends on the way in which they work.

• Roll-over relief (TCGA92/S152 - TCGA92/S158) reduces the consideration to be taken into account in computing the gain on disposal. This comes first.
• Relief on the transfer of a business to a company (TCGA92/S162) works by reducing the net chargeable gains.
• Relief for gifts of business assets (TCGA92/S165) also works by reducing the chargeable gains. Instructions on the interaction of this relief with the relief on transfer of a business to a company are atÌýCG66973.