Schedule 4, paragraph 5(2A)

For the purposes of determining the cost to the donor of acquiring or producing goods of which he has made a gift, where— the donor and his predecessor or, as the case may be, all of his predecessors shall be treated as if they were the same person. the acquisition by the donor of the goods, or anything comprised in the goods, was by means of a transfer of a business, or a part of a business, as a going concern, the assets transferred by that transfer included those goods or that thing, and the transfer of those assets is one falling by virtue of an order under section 5(3) (or under an enactment re-enacted in section 5(3)) to be treated as neither a supply of goods nor a supply of services,

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Source: legislation.gov.uk · retrieved 2026-07-28