Hi All, I have a question and hope someone can answer
Scenario - A,B,C D owed a property bought on 10.3.2008 for £700K - all connected family members (A & B are husband and wife). The B (the wife) passed away on 6.1.2015.
On 8.3.2021 the property was transferred to D (Son) for £900K
My question is - (1) CGT payable by only A & C?
(2) How about the gain related to B will A take her share means 50% on him and rest 25% each
(3) Will D the new ower pay CGT as well? or only A & C
(4) will they get the PPR relief if part way during the year they stayed in the property and the let out
Thanks
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