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Where Taxpayers and Advisers Meet

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by MarkJT
Sun Sep 15, 2019 9:29 pm
Forum: Property Taxation
Topic: Income/CGT/Stamp duty implications of gifting 50% of a property
Replies: 1
Views: 6824

Income/CGT/Stamp duty implications of gifting 50% of a property

Hello I'm trying to understand any tax implications, in terms of stamp duty, income tax and CGT on the following scenario. I am retiring shortly, and my wife is also stopping working. We will have some income from BTL property. I will be a basic rate tax payer, but my wife's income will be about £5k...

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