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Posted Tue, 28 Nov 2023 11:33:43 GMT by
If a couple have divorced and obtained their final divorce order (after 6 April 2023) before they obtain a consent order from a court, but they then obtain a consent order, will the no gain/no loss basis apply to assets that are transferred as part of that consent order even though the couple divorced before the court approved the consent order?
Posted Thu, 30 Nov 2023 13:51:32 GMT by HMRC Admin 32 Response
Hi,

Please have a look at the guidance below, as you may have to pay Capital Gains Tax on assets you transfer after your relationship has legally ended.

Money and property when you divorce or separate

Thank you.

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