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spouse CGT allowance?

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gravlax
gravlax Posts: 135 Forumite
Fourth Anniversary 10 Posts
edited 19 November 2022 at 6:34PM in Savings & investments
If you hold investments and want to use both yours and spouses annual CGT allowance how is it done?

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  • Reaper
    Reaper Posts: 7,354 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 19 November 2022 at 12:58PM
    My understanding is your spouse would need a trading account of their own for you to gift the shares to. No CGT would apply when you do the transfer and when sold the buy price will be the original buy price you paid.

    Rules on CGT for spouses an be found here.
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