Should we get married?

silvercar

maggiesoup said:

Partner thinks that you can only say one of the houses is your main residence so the other, when sold if one dies, would attract some form of tax (CGT or IHT?) but i thought if we were married that wouldn't be the case?  

There is no CGT on death, so the problem only occurs if one of the two homes is sold. In that case there may be a CGT liability based on how long it was the PPR of the “owner” as a proportion of the total time of ownership. Spouses acquire the purchase price, PPR and length of ownership of their spouse if they are living together in the property at time of sale.