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Image section with link to A new tax year means new Capital Gains Tax rules for separating couples Apr 19

Articles page 19

Divorce

A new tax year means new Capital Gains Tax rules for separating couples

When a couple divorces or separates, the transfer of assets between them previously triggered a Capital Gains Tax liability. However, the Spring Finance Bill 2023 will contain legislation extending the period of time separating and divorcing couples will have to benefit from the CGT relief on the transfers of assets.

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