Brand Bitesize: Holdover Relief Explained
In this Brand Bitesize video, we take a look at Holdover Relief – relevant to the CII R03 exam, but also a worthy reminder for the AF1, AF5, and R06 exams.
This video is correct as at 10 November 2026.
Holdover Relief Explained | Capital Gains Tax (CGT) | Business Assets & Trusts
How does holdover relief work, and how can it be used to defer Capital Gains Tax (CGT) when gifting assets or transferring assets into a trust?
In this video, we explain how holdover relief works, when it can be claimed and how it affects the Capital Gains Tax liability of both the person making the gift and the recipient.
Using worked examples, we cover:
- Why gifting an asset can trigger a Capital Gains Tax liability
- How holdover relief defers CGT on qualifying business assets
- How to calculate the held-over gain and the recipient’s base cost
- How holdover relief can apply to transfers into discretionary trusts
- The potential Inheritance Tax (IHT) implications of gifting assets into trust
- Why holdover relief defers rather than eliminates Capital Gains Tax
This video is designed to support students studying towards CII financial planning qualifications, including R03 Personal Taxation, AF1 Personal Tax and Trust Planning and other relevant financial services exams.
Grab the resources you need!
Calculation questions are a key part of the R03 exam. Download our free taster to see how Brand Financial Training helps you work through them.
Alternatively, you can try the taster for AF5 or R06 if you’re studying for either of those exams.
