Rosalind Fitzgerald and Sofia Thomas discuss the practicalities of ‘nesting’ child arrangements and the tax issues that may arise In a nesting arrangement, if both parties are going to utilise the second home for some time, it may well make sense to transfer the property into joint names, so that the annual CGT exemption for …
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Cases in bold have further reading - click to view related articles.
- Goodwin v Curtis (Inspector of Taxes)  EWCA Civ 271
- Llewellyn v Revenue and Customs  UKFTT 323 (TC)