HMRC manual changes: 18 October 2024

This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

Direct taxes

Manual	Page	Comments
Capital Allowances Manual	Updated: CA23640	Update to the guidance on short life assets to explain that in circumstances where expenditure on short life assets is incurred in parts the ‘eight-year cut-off-rule’ applies from the end of the chargeable period in which the first part of the expenditure was incurred.
Capital Gains Manual	Updated: CG22200	Guidance on no-gain no-loss transfers between spouses or civil partners has been expanded to cover part-disposals disposals which are part of a series of transactions and multiple transfers with a new section on the rules around separation for...

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This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

Direct taxes

Manual	Page	Comments
Capital Allowances Manual	Updated: CA23640	Update to the guidance on short life assets to explain that in circumstances where expenditure on short life assets is incurred in parts the ‘eight-year cut-off-rule’ applies from the end of the chargeable period in which the first part of the expenditure was incurred.
Capital Gains Manual	Updated: CG22200	Guidance on no-gain no-loss transfers between spouses or civil partners has been expanded to cover part-disposals disposals which are part of a series of transactions and multiple transfers with a new section on the rules around separation for...