UK2.5.1ÌýÌýÌýÌý UK tax treatment of the transfer of assets of separating or divorcing partners
When a chargeable asset for UK capital gains tax purposes is transferred between spouses or civil partners, the disposal takes place at no gain/no loss for UK capital gains tax purposes (TCGA 1992, s 58). This is discussed in UK1.3.2.
This rule applies as long as the couple are 'living together' in the tax year (TCGA 1992, ss 58, 288; ITA 2007, s 1011). As long as the
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