Transfers of Assets between Spouses

Special Capital Gains Tax Rule for Transfers of Assets between Spouses

Although married couples and civil partners are assessed individually for capital gains tax purposes and each has their own annual exempt amount, a special rule allows them to transfer assets between them at a value that gives rise to neither a loss nor a gain. This can be very useful from a tax planning perspective. […]

Special Capital Gains Tax Rule for Transfers of Assets between Spouses Read More »