UK & Offshore Tax Planning Blog
Stamp duty is based on the amount of the 'chargeable consideration'. The chargeable consideration for the purpose of stamp duty comprises anything given for the transaction that is money or money's worth. This is usually cash but it can also be…
It's usually the case that on a divorce the previous main residence is to be transferred into the name of one of the spouses. This would need to be carefully considered in tax terms as it could easily lead to a CGT charge. Unless any transfer between…
The divorce itself does not usually have any major Capital Gains Tax implications. However CGT could arise on the transfer of assets between the ex-spouses. When a couple get married (or enter a civil partnership) there are some tax advantages as…