Hs295 2025

See details

4.9 out of 5

500 votes

Helpsheet 295 provides guidance on the treatment of gifts for Capital Gains Tax (CGT) purposes for the tax year 2013-2014. It primarily focuses on hold-over relief, which allows CGT liability to be deferred when an asset is gifted. The document outlines the types of gifts eligible for relief, including business assets, unlisted shares, and agricultural land, as well as automatic reliefs for charitable donations. It explains how to claim hold-over relief, the implications of receiving payment for a gift, and the conditions under which relief can be claimed. Additionally, it addresses scenarios involving trustees and provides contact information for further assistance.

Here's how it works

01. Edit your hs295 form pdf online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send hs295 form via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out hs295 with our platform

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open hs295 in the editor.
Begin by entering your personal details in the 'Transferor' and 'Transferee' sections, including names, addresses, and Unique Taxpayer References (UTR).
In the claim section, indicate whether you qualify for hold-over relief by checking the appropriate boxes regarding chargeable transfers or exemptions.
Provide a description of the asset being transferred and state the gain held over. Ensure to include any calculations as necessary.
If applicable, request deferment of valuations by completing the second page of the claim form. Sign and date both sections before submission.

Start using our platform today to simplify your hs295 form completion for free!

See more hs295 versions

We've got more versions of the hs295 form. Select the right hs295 version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2014	4.9 Satisfied (500 Votes)
2013	3.8 Satisfied (32 Votes)
2011	4.3 Satisfied (72 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the holding period of gifted property?

For gifts the holding period is the sum of the time held by the donor and the donee, sometimes referred to as a tack-on holding period. Special Considerations In some cases, a homeowner may transfer the title of their home but retain the right to live in it for their lifetime, establishing a de facto life estate.

What is the business asset disposal relief 5% rule?

Business Asset Disposal Relief eligibility The sale of a qualifying shareholding, which is 5% of the ordinary share capital and voting rights, or qualifying Enterprise Management Incentive shares, in a trading company or the holding company of a trading group.

What qualifies for holdover relief?

Holdover Relief is available when an individual, or the trustees of a settlement, make a Gift of a capital asset to another person.

What is the difference between rollover relief and holdover relief?

In essence, while rollover relief offers a permanent deferral of gains until the eventual sale of the replacement asset, holdover relief provides temporary relief for up to a maximum of 10 years, with specific conditions determining the duration of the deferral.

What is the S 165 holdover relief?

Relief under TCGA 1992 s 165 is one of a small number of holdover reliefs (or gift reliefs) available when certain chargeable assets are gifted wholly or partly to another person.