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Gift of property



Answer
Basil Mavroleon
Posted 11 days ago by Basil Mavroleon
If I gift a house, my primary residence, to my children. On their sale from what date is capital gains tax calculated?
Answer
HMRC Admin 25 Response
Posted 2 days ago by HMRC Admin 25 Response
Hi Basil Mavroleon,
For your children, it is the value on the date gifted against the value at the date sold.
Thank you. 

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