SCHEDULES

SCHEDULE 2Capital gains tax reform

Abolition of taper relief

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1

Section 62 (death) is amended as follows

2

In subsection (2A), for “brought into account for that year by virtue of section 2(5)(b)” substitute “ treated as accruing by virtue of section 87 or 89(2) (read, where appropriate, with section 10A) ”.

3

Omit subsection (2B).