HMRC manual changes: 24 February 2023

Direct taxes

Manual	Page	Comments
Capital Gains Manual	Updated: CG14805	Clarification that where a contingent liability becomes enforceable the time limit for making a claim to adjust the amount of the chargeable gain runs from the date all the conditions for making such a claim are met. That deadline is generally four years from the end of the year of assessment.
	Updated: CG25510	Clarification that where a non-resident individual with a UK branch or agency disposes of a residential property the reporting requirements of FA 2019 Sch 2 do not apply and the gain should be reported on the individual’s self-assessment return.
Inheritance Tax Manual	Updated: IHTM04087	Removed duplicated content on changes to...

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Direct taxes

Manual	Page	Comments
Capital Gains Manual	Updated: CG14805	Clarification that where a contingent liability becomes enforceable the time limit for making a claim to adjust the amount of the chargeable gain runs from the date all the conditions for making such a claim are met. That deadline is generally four years from the end of the year of assessment.
	Updated: CG25510	Clarification that where a non-resident individual with a UK branch or agency disposes of a residential property the reporting requirements of FA 2019 Sch 2 do not apply and the gain should be reported on the individual’s self-assessment return.
Inheritance Tax Manual	Updated: IHTM04087	Removed duplicated content on changes to...