Private client partner, Rebecca Fisher, appears as a columnist in Financial Times, discussing the recent changes to Capital Gains Tax (CGT) rules for divorcing couples. The article delves into the flexibility of asset transfers between separated spouses and the CGT implications to be aware of in order to make informed decisions about dividing assets.
Based on new rules, you should be able to transfer your family home and French property without incurring UK CGT. However, it is worth remembering that the new rules do not wipe out any gain on the assets.”
The full article is available to read online.
Rebecca Fisher is in the private client team, working with both UK and international clients, including families, family businesses and entrepreneurs, trust companies and family offices. She regularly advises international clients on the inheritance tax and capital gains tax of property ownership in the UK, as well as advising individuals and family lawyers on the tax implications of separation and divorce.
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