spouse CGT allowance?

edited 19 November 2022 at 5:34PM in Savings & investments
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gravlaxgravlax Forumite
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edited 19 November 2022 at 5:34PM 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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  • edited 19 November 2022 at 11:58AM
    ReaperReaper Forumite
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    edited 19 November 2022 at 11:58AM
    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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