mm7
Joined: 10/21/2024
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Sharing CGT with spouse
I’m a shareholder of a company which is going through liquidation. As part of this process, a proportion of the monies were paid out to me in tax year 2023/24. I’m currently filling out my self assessment along with the SA108 form for CGT online. Would both my spouse and I be able to use our CGT Allowances towards this Capital Gain for tax year 2023/24? If yes, would we both have to submit self assessments and declare 50% of the monies on each SA108 form?