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All the items you have mentioned aren't relevant in this case and I only seek advice on the initial question regarding the potential capital gains tax implications on transferring ownership of the properties as described.
The main property we jointly share was purchased for £130k and is now valued at £900k. It has been used as my business partners family home since 1997. Should i sign over my 50% share of this property in return for my partner signing over to myself our business premises will i incur a capital gains tax bill and vice versa. No money will change hands.
would i be liable to capital gains on 50% of the sale value of the property value or the profit from the initial purchase price and if i moved into the property for 2 years would this be make me exempt from cgt?