CGT Liability on BTL Property

fcjf

We (wife and myself) have recently sold one of our BTL properties and have a query around GCT liability. Our net gain since buying the property in 2008 is approx £72k.

We bought the property with a joint tenancy arrangement between myself and my wife but in 2017 changed the ownership ratio to tenants in common with a 90/10 ratio in favour of my wife.

In calculating CGT liability do we need to split the CGT liability between pre 2017 at 50/50 and then post 2017 at the 90/10 ration or is the previous ownership ratio irrelevant and it is only the current ownership ratio that matters?

TheGreenFrog

Transfers between spouses have no CGT effect and transferee assumes transferor's base cost.  So previous ownership ratio not relevant for CGT.