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Posted Wed, 10 May 2023 17:20:32 GMT by David Harvey
Do my wife and I each have to submit a tax return when selling the property so in effect we split the gain into 2 equal parts or is there a joint method of doing this?
Posted Wed, 17 May 2023 14:03:49 GMT by HMRC Admin 19
Hi,

Independent taxation means that you both have to submit separate tax returns, so that you can each declare your 50% of the gain. There is no joint option.

Thank you.

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