CGT reduction

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L
Len
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I am about to sell a rental property that is in my wife and mine at a 60/40 percentage. I know we get our CGT free allowance each but as i work and earn 35,000 pounds i think i will end up paying a higher rate tax on my profits. Can i change the share of ownership before i sell to 90/10 so that we both pay the lower rate on our profits? if so can i do that on my own or does it have to be through a solicitor?

17/02/2018 17:06

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