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Posted Wed, 14 Aug 2024 14:14:40 GMT by Leah Edmunds
I separated from my husband in February. We came to an informal agreement. As part of that he is buying the matrimonial house from me (which I owned solely as when we bought he had poor credit) and I am gifting a portion of the equity to him to settle finances between us. After reading things I am under the impression I will not be liable for capital gains for either the gift or the sale but my conveyancer has told me to get tax advice. I don't want to spend money on tax advice if I am right. Can anyone help?
Posted Wed, 28 Aug 2024 10:55:20 GMT by HMRC Admin 8 Response
Hi,
Please have a look at the guidance at:
HS281 Capital Gains Tax civil partners and spouses (2024)
The rules changed after 6 April 2023.
Thank you.

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