Alessandro Marotto
-
CGT on gift of a UK property if both spouse are non UK resident
Dear Team, For CGT purposes, does spouse exemption apply on gift of UK property to my wife if we are both non UK resident? Thank you and kindest regards, -
Beneficial ownership in overseas property
Dear Team, I'm Uk resident and the legal owner of an overseas property. My parents are the beneficial owners i.e. occupying the house. We are planning to sale the house and my parents will receive the disposal proceeds as such under the CG70230 manual they will be subject to UK CGT if UK residents. If straight after having cashed the sale my parents will gift me money, can I be seen as beneficial owner and get caught by CGT? thanks,