Sarah Smith
Joined: 8/1/2023
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CGT Declaration of Trust CGT allowances
My husband and I are selling a second property that will be subject to CGT. A declaration of trust in my name applies to the property. Will we both be entitled to the full CGT allowance when we sell the property and will the rate of CGT applied be the same for each party? (Ie. 28% only on the amount above the higher income tax rate,) Also as the 'non owner' where do I declare my capital gains on this property if appropriate? Thank you