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Where Taxpayers and Advisers Meet

capital gain tax on joint account - share

lau3mai
Posts:1
Joined:Thu Apr 07, 2022 11:14 am
capital gain tax on joint account - share

Postby lau3mai » Thu Apr 07, 2022 11:20 am

Hi,

I am a UK resident, I have an overseas investment joint Account with my spouse, who is also a UK resident. We had sold the shares under this overseas joint bank account and made a profit, how to split the capital gain with my spouse ? 50-50 ?? Or any rules refer to ?

Thanks

pawncob
Posts:5099
Joined:Wed Aug 06, 2008 4:06 pm
Location:West Sussex

Re: capital gain tax on joint account - share

Postby pawncob » Thu Apr 07, 2022 7:38 pm

50:50
With a pinch of salt take what I say, but don't exceed your RDA


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