.png)
.png)
A, B and CGT; Bowling a googly; Republic remuneration; Pension problem
| Send us your queries and responses We pay £40 for each full reply published in print. Contributions may be identified by name or pseudonym. |
A B and CGT
A trust of property was intended but not evidenced in writing at purchase?
B bought a property and put it in A’s name. With the benefit of hindsight B should have written a declaration of trust (see HMRC’s Trusts Settlements and Estates Manual at TSEM9520) saying that A is holding the property for B absolutely but did not.
The Capital Gains Manual at CG70230 explains that without documentary evidence to the contrary ...
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
