StephenH
Joined: 10/13/2024
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CGT liability
If I sell an investment trust (and convert it into an ISA) is CGT liable? If so how will the CGT be calculated. It is an investment trust originally invested in over 20 years ago and regular payments monthly of varying amounts paid into it (from £0 up to £100 a month). Thanks -
RE: Transferring savings to spouse to reduce interest tax liability
Hi. Can you confirm I am understanding correctly. I currently have an investment trust. If I transfer to my wife there is no capital gains tax to pay? If she sells this in future does the capital gains accrue from date of transfer or from the date of the original investment by me? Thanks