The Finance Bill clauses imposing the capital gains tax charge on high value UK residential properties owned by companies were published on 31 January 2013. They are not easy to understand. There is an awful lot of "in sub-section 3, for sub-section 2, substitute sub-sections 2 and 2(a)" and all that sort of thing. However, at least we now have the draft clause and can start getting to grips with how the capital gains tax charge on the companies will work.