combs_sling0b
-
RE: Cryptocurrency transfer to spouse living abroad
Just to add that my husband currently has no UK-based income and isn’t required to fill in a self-assessment form. Thank you. -
RE: Cryptocurrency transfer to spouse living abroad
Hello. Yes just to clarify my husband works in The Netherlands and I understand there is a tax treaty between our two countries. He is based there almost all year round (around 11.5 months, coming home for Xmas). I would presume that his capital gains would apply to the Netherlands only but how would this work if the cryptocurrency is being transferred by me, his spouse, from the UK? Thank you. -
RE: Cryptocurrency transfer to spouse living abroad
Thank you for the kind reply. I have a few follow-up questions: - Would be he due CGT in the UK if he is not currently tax resident in the UK? Or just the appropriate CGT rules of the country where he currently works and is tax resident? - Would we have to inform anyone (HMRC, bank with cryptocurrency savings) that I am transferring to my husband? Thank you. -
Cryptocurrency transfer to spouse living abroad
My spouse is currently working abroad for long enough that he is tax resident in that country for now; he will return to the UK once his contract is completed. We frequently travel to see each other. In order to support him, I wanted to transfer some cryptocurrency that I invested in. How would HMRC see this from a CGT perspective? Would we have to declare the transfer? How do we do so?