Ben James
Joined: 6/12/2024
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RE: CGT on gifted stock/share
Anyone? -
CGT on gifted stock/share
Hi all, So, I understand that if i gift a stock/share to my wife - I will not be charged CGT for this. However, my question is, if the stock she recieves later rises in value and she sells it for a profit/gain, would she have to pay CGT on this gain or profit (if her gain exceeded her annual free CGT allowance)? Any help appreciated on this, thank you! Ben