This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. To find out more about cookies on this website and how to delete cookies, see our Cookie Policy.
Analytics

Tools which collect anonymous data to enable us to see how visitors use our site and how it performs. We use this to improve our products, services and user experience.

Essential

Tools that enable essential services and functionality, including identity verification, service continuity and site security.

Where Taxpayers and Advisers Meet

Preservation of Indexation Relief in 2008

pdfx4
Posts:13
Joined:Wed Jun 28, 2017 1:46 pm
Preservation of Indexation Relief in 2008

Postby pdfx4 » Fri Sep 04, 2020 9:53 am

I understand that there was an argument that it was possible to "save" accumulated indexation for CGT purposes in 2008 by husbands and wives swapping their respective interests (by gift) with each other before the removal of indexation in 2008.
I understand that there was a fairly recent case which held that this was in fact effective transaction so that the indexation was "locked in" for the future.
Can anyone please tell me the name of the particular case or any link to the terms of the judgement please ?
many thanks.

Return to “Capital Gains Tax, CGT”