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Posted Sat, 16 Nov 2024 13:56:00 GMT by Elise Smith
My husband & I are currently separated, & planning to get divorced. We both jointly own our marital home, which I will keep & continue to live in. We also own two properties which are in both our names which we have as rentals. In addition, another five properties, which are in my sole name & two other different parties. My question is, if my husband has his name taken off the family home & the two jointly own rentals, are we liable to CGT? In addition, if I transfer my third of the five properties where there is third parties, are we liable to CGT? And does this differ if we are separated or divorced on transfer ? TIA
Posted Wed, 20 Nov 2024 13:39:52 GMT by HMRC Admin 10 Response
Hi
Please refer to Transfer of assets and subsequent pages as different rules apply as to how the assets are transferred.

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