Jen10Jen
-
CGT In Divorce
I'm confused by the changes CGT on no win / no loss for divorcing couples. We have a mortgaged family home. Husband moved out November 2021. Divorce is at decree nici stage. Financial order not yet submitted to the court. The agreement is for me to remortgage into my name (transfer of equity) but will be paying him just less than half his share of the equity. Timing wise, at what point am I liable for capital gains tax? If we complete the transfer AFTER the decree absoute but before financial order is sealed? What if we complete the transfer before November 2024 (the 3yr window i've seen mentioned for seperated couples) Struggling to find a tax adviser who can explain :-(