Capital Gains Tax 64 - Lifetime allowance of Business Asset Disposal Relief and Entrepreneurs' Relief claimed

If a claim is being made for this year, then the amount to include in this box is the total claimed for gains in this and in any previous year. The amount entered in this box must not exceed £1 million.

In very limited circumstances an adjustment to Capital Gains Tax will be required if, exceptionally, relief is due on a greater amount. In such cases the computations submitted should include details of the claims.

More Information can be found in the Business Asset Disposal Relief: HS275 Self Assessment helpsheet.