I have transferred some shares to my husband. If he decides to sell them in the future, is CGT calculated on the price of the shares when I originally acquired them, or the shareprice when I transferred them to him?
For 23/24, I think my interest earnings will tip over £1000 & I'll need to pay tax at 20% at anything over that.
Will I have the option to pay the tax in one go instead of having my tax code amended?
If so what will I need to do?