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If
John_W_4
Posts: 11 Forumite
in Cutting tax
Iv'e been transferring 3K a year into a joint account, with myself and my son.
Yes dumping assetts, he's in need of it, at the moment, more than me, although the money has never been touched -
If, my clock over runs I would have no problem in getting it back.
If, the alternative happens, would he get stung on CGT, it being in a joint, or do I simply take my name off the account ?
Yes dumping assetts, he's in need of it, at the moment, more than me, although the money has never been touched -
If, my clock over runs I would have no problem in getting it back.
If, the alternative happens, would he get stung on CGT, it being in a joint, or do I simply take my name off the account ?
~~ Martin Lewis ROCKS ~~ :T
0
Comments
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Does anyone understand this?0
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Perhaps he means IHT?? ie one can gift £3k pa to anyone with no worries about IHT - but if it stays in a joint account it's not really 'gifted'. (And the 'per annum' opportunity is also lost if it continues that way).
Anyone explain what I mean?!!0 -
No ..... to both questions!;)
Think it's about time to ban first time posters:DIf you want to test the depth of the water .........don't use both feet !0 -
why was you never a first time poster?
god some people make me !!!
he was asking a question.
Do idiots like you just sit on sites like this to moan.
get a life
:mad:0 -
Silly man. Never come across irony before?
Why not make a proper contribution by translating the OPs question so that we CAN help or take one of your pills, then you won't feel quite so bad.0
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