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Where Taxpayers and Advisers Meet

Selling property to daughter

bd6759
Posts:4262
Joined:Sat Feb 01, 2014 3:26 pm
Re: Selling property to daughter

Postby bd6759 » Wed Mar 08, 2017 12:02 am

You can sell it to your daughter for whatever price you like. However, the CGT will be calculated at market value.

LozaACCS
Posts:1504
Joined:Wed Aug 06, 2008 3:55 pm

Re: Selling property to daughter

Postby LozaACCS » Wed Mar 08, 2017 9:08 pm

I do not believe (given that you are joint owners) that there would be a significant IHT charge, in fact I would say that with minimum planning there need not be any charge.


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