jcmckee

As part of our finance agreement my wife purchased my share of the marital home and I purchased her share of a second home. These were completed at market value. The second home had an original cost of 200k (100 each) and in the divorce valued at 330k. Therefore I purchased her share for the market value. Now selling property. What do I use as the cost for cgt? Is it the original 200 or the market value when transferred to my name. The deeds will show original cost but my purchase was the increased value. No cgt was applicable at the divorce finance agreement.

I have a cgt loss from prior years. The loss is carried forward and in last years self assessment form. Completing this years where do I state to continue to carry forward the loss? I have no cgt gain or loss for this year so the cgt forms do not fit. I can look at where it appeared last year on the actual return but the online completion does not show as a form. Therefore cannot find the box to enter it.