Search Results for ‘cgt’

Hi My wife and I are dual UK/US citizens. We jointly own a property in the UK. I would be grateful if anyone could advise on the following situation. I am considering gifting her my share of the UK property so that she owns it outright. As I understand it, possibly incorrectly, this spousal gift...

Hello My wife owns a property in France which she bought two years ago in her name before we married or were even together. I now wish to buy a property myself. Would she be liable for CGT on sellinhers selling hers by virtue of the fact we are married? We want to avoid paying the tax so any...

I'm an Aussie, as are my two kids. My wife is a US citizen since birth (through her parents) who has lived in Australia all her life. We moved to the USA last year; me and the kids on an employer sponsored E3 visa. Things aren't really working out with the employer, but we'd like to stay in...

Hi I would like to hear from people who are in this situation. We are buying a property and will do so through our own UK company and remain as non-residents as accountants both in Mallorca and the UK have advised us that this will be the best tax situation for us. This way we will protect our...

How will capital gains tax be calculated from March 2012 onwards. Remember that the calculation you need is based on the individual and not on a trust or company. So to give you an idea - Capital gains tax only applies to the disposal of capital assets. ‘Capital assets’ can either be...