Hi my sister & I jointly own a property, value at purchase 50k, value now 150k. It hasn't been the principal residence for either of us. We are thinking of selling it, my daughter & her partner are interested in buying it. I am tax resident in France & believe I won't have any cgt to pay in the U.K., but will in France, currently about 34% with social charges. Can I gift my share instead to my daughter, will she incur any taxes? Or gift to my sister who is a basic rate taxpayer, if she then sells it what will she be liable for?
Thank you.
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