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Where Taxpayers and Advisers Meet

Search found 3 matches

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by neilrowe
Sun Sep 27, 2015 11:02 am
Forum: Capital Gains Tax, CGT
Topic: Any Liabilities From A Long Delayed Transaction
Replies: 5
Views: 737

Re: Any Liabilities From A Long Delayed Transaction

Thanks for the reply. Just to confirm (as this has caused me a lot of stress)...

Even though my sister's name is on the title deeds, the fact that I paid her for half of it in 2010 means that it is legally mine and that she therefore will not be liable for CGT?
by neilrowe
Sat Sep 26, 2015 5:13 pm
Forum: Capital Gains Tax, CGT
Topic: Any Liabilities From A Long Delayed Transaction
Replies: 5
Views: 737

Re: Any Liabilities From A Long Delayed Transaction

Thanks for the information. I had a read through HS283, but can't find an example similar to my situation. Where could I find more information on my situation?
by neilrowe
Fri Sep 25, 2015 9:03 pm
Forum: Capital Gains Tax, CGT
Topic: Any Liabilities From A Long Delayed Transaction
Replies: 5
Views: 737

Any Liabilities From A Long Delayed Transaction

I bought a house with my sister in 2005. We lived in it together from 2005-2010. In 2010 she moved out, and I bought her out by transferring half the value of the flat to her bank account. We did not transfer the deeds to avoid mortgage early repayment penalty fees. Unfortunately, we then forgot abo...

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