CGT and declaration of trust

Hi, I bought a buy-to-let property in 2014 and transferred 100% of profits from the rent at the property to my wife in 2018 using a declaration of trust. We disposed of the property a month ago and have come across some questions while completing the CGT form. Do we just complete the CGT form as if she had purchased it in 2018 with the actual purchase price and costs involved or do we need to approach this in a different way? Thanks for any advice.

Hi,
It depends on whether you have transferred the beneficial ownership of any future gain as well as the rental income when the declaration was submitted.
Thank you.

The declaration of trust covers the "income and net proceeds of sale". Should my wife just complete the form as if she had bought the property in 2018?

Hi ,
 

As the declaration of trust, gives 100% beneficial ownership to your wife, she should work out if she has a capital gain on her 100% disposal of the asset and report this within 60 days of the completion date.  There is a calculator at : Tax when you sell property to help you and this then leads on to report and paying the capital gains using the secure online capital gains service . Thank you