CGT-Divorce-Russell-Cooke-Solicitors-News-2023

What is the best way to divide our assets?—Financial Times

James Cook, Partner in the Russell-Cooke Solicitors, private client team.
James Cook
1 min Read

Private client partner 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.”
Russell-Cooke partner

The full article is available to read online.

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