Simon Jones
Joined: 8/8/2024
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CGT Loss on Gifted Shares Disposal
Hi, I gifted a number of Gurnsey domiciled shares in an investment trust company that are traded on the FTSE London to my spouse. My spouse wishes to sell them, and will incur a loss in doing so compared to the price I originally purchased them at. Can my spouse use that loss to offset their other capital gains relating to share disposals? Many thanks