We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
SIPP and CGT
SIU
Posts: 1 Newbie
I'm a newbie so I hope I am posting this on the correct board.
I have a commercial property which I have owned for 8 years. I am in the process of selling 50% of this to my husband's SIPP and as the valuation has increased since purchase, I was unsure if I have to pay CGT on the gain. I believe that transfers between spouses are not subject to CGT but I wanted to double check if anyone knows if this is still the case if it is your spouse's SIPP.
I have a commercial property which I have owned for 8 years. I am in the process of selling 50% of this to my husband's SIPP and as the valuation has increased since purchase, I was unsure if I have to pay CGT on the gain. I believe that transfers between spouses are not subject to CGT but I wanted to double check if anyone knows if this is still the case if it is your spouse's SIPP.
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.3K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards