The Book-keepers Forum (BKF)
The Book-keepers Forum (UK) -> General Book-keeping & Accounting -> Capital Gains Tax
Post Info TOPIC: Capital Gains Tax
Sharon Eyre


Senior Member

Status: Offline
Posts: 423
Date:
Capital Gains Tax
Permalink Closed

Am I right in thinking that if someone buys a property but puts it in his partners name then decides (after I point it out that she is the one that gets taxed on the rental income) she will gift it back to him there is no Capital Gains Tax due to their relationship 



__________________

 

 

Regards

Sharon
YLB-HO


Guru

Status: Offline
Posts: 715
Date:
Permalink Closed

I think they have to be married.

__________________


Frauke
BKN Book-keeper of the year 2011
Sharon Eyre


Senior Member

Status: Offline
Posts: 423
Date:
Permalink Closed

it says civil partners (what classes as a civil partnership ?)on HMRC and I was taught that in Business Tax but was just wanting to get my facts straight before I got back to him



-- Edited by Sharon Eyre on Sunday 26th of October 2014 01:47:16 PM

__________________

 

 

Regards

Sharon
YLB-HO


Guru

Status: Offline
Posts: 715
Date:
Permalink Closed

Civil partnerships are same sex "marriages". That's why gay people wanted to be able to get married and not just have a civil partnership which is what the law allowed.

Heterosexual couples cannot have a civil partnership in the UK.


__________________


Frauke
BKN Book-keeper of the year 2011
Sharon Eyre


Senior Member

Status: Offline
Posts: 423
Date:
Permalink Closed

Thanks Frauke- I did assume that's what it was but wasn't 100% - so living together would mean capital gains apply then ?

__________________

 

 

Regards

Sharon
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.
The Book-keepers Forum (UK) -> General Book-keeping & Accounting -> Capital Gains Tax
Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  
©2007-2024 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: bookcertltd@gmail.com.

Privacy & Cookie Policy  About