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capital transfer tax Scotland

My wife owns a property in Scotland and intends to re-register it as owned in equal shares between the two of us. Will there be a liability for Capital Transfer Tax?

Comments

  • Murdina
    Murdina Posts: 434 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    CTT went many years ago. It is now called inheritance tax. Transfers between husband and wife are exempt so long as you are legally married. There is also no CGT.
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