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are you buying your husband out in the tax year of separation?
You should live in Scotland where, providing no children =under 16are involved and financial arrangements made you can present a petition to the Sheriff Court in the morning and be divorced by tea time!
There will be a Capital Gains Tax (CGT) liability covering the period of ownership from the separation to disposal. As landed property values are deemed to rise or fall equally with time CGT is unlikely to be a p0roblem as the gain will be minimal..
As I said the only danger is the period when you separated and the selling date. As this is likely to be relatively short against the total ownership time the gain is likely to be under the Annual Exempt Amount (AEA) of 12.3K.
I am sorry I do not do telephone calls any more, they are no longer cost effective.
Yes, bu tthat does not crystalise until I tell Just Answer that it has been successfully completed which I shall not be doing. No, it is the gain made not the disposal price which matters.
Correct, no, only the gain needs to be declared and if it below the AEA it does not need to be declared at all.
It is sunny, but cold.
Pleased to have been of assistance.