VPVP635

Dear HMRC, I think you didnt response my above question. I am aware of the obligations to pay the CGT at the time of gifting. Based on my above background, my question is upon the completion of deed of gift, the bond still keeps at my brokerage account and I unconditionally transferred all rights and benefits to my mother based on the deed of gift and my mother can instruct me to get back any money related to the bond from my brokerage account. Since this bond as a gift still kept at my brokerage account, so I want to know whether it will trigger "settlements legislation" (https://www.gov.uk/hmrc-internal-manuals/trusts-settlements-and-estates-manual/tsem4015) that would render me liable for tax payment in the UK?

Dear HMRC, I am writing to follow up on the this thread and set of questions that I raised approximately five months ago. Unfortunately, I encountered issues with logging in to that account, which prompted me to create a new account for the purpose of continuing the discussion. To provide some context, I have unconditionally transferred my bonds to my mother, and as a result, I will no longer benefit from these bonds, even though they are still held in my account name. After reviewing the HMRC guidelines, I have two specific questions: 1. Will the bonds, which are still held in my account name, trigger the "settlements legislation" that would render me liable for tax payment in the UK? 2. Do I need to register my deed of gift with the HMRC or any other relevant authority to demonstrate the effectiveness of the transfer? I would greatly appreciate your kind assistance in addressing these queries. Thank you for your attention to this matter. Yours sincerely, VP