Cost base on shares gifted to my husband

Hi, I have gifted 1000 shares to my husband 10 years ago. When he sells the shares now, he will need to pay capital gain tax. My question is about the cost of those shares, is it the market value on the day I gave him 10 years ago or the market value I paid when I first bought them? Thanks

Hi Winnie,
It will be the value of the shares when you first bought them.
Please have a look at helpsheet HS283:
HS281 Capital Gains Tax civil partners and spouses (2024)
Thank you.