Hello m'dears!
In order to maximise use of CGT allowances, Mother-in-Law wishes to transfer some shares to Father-in-Law. Is there a minimum period of time that he needs to hold them before selling?
Many thanks
EG
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Interspousal Share Transfers
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EmilyGilmore
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Re: Interspousal Share Transfers
EmilyGilmore wrote:Hello m'dears!
In order to maximise use of CGT allowances, Mother-in-Law wishes to transfer some shares to Father-in-Law. Is there a minimum period of time that he needs to hold them before selling? Many thanks EG
Might be useful, or provide some clues towards the answer:
https://www.gov.uk/capital-gains-tax/gifts
https://www.taxinsider.co.uk/404-How_to ... sfers.html
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