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RE: Does transferring shares to spouse count towards £50k+ reporting threshold?
Thank you for your clear response. 😊 -
Does transferring shares to spouse count towards £50k+ reporting threshold?
I am registered for self-assessment. I am transferring shares to my married partner. I understand that she is then liable for any subsequent gains rather than myself. The part I'm not sure about is reporting capital gains when the total assets sold amounts to more than £50,000 as per https://www.gov.uk/capital-gains-tax/work-out-need-to-pay. Does this transfer count towards that?