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Is tax payable by assignor on gifting an Investment Bond to partner?

Is tax payable by assignor on gifting an...

An individual owns an Investment bond which is made up of various sectors. However if they gift some of the sectors of the bond to their partner is tax levied on the transfer? eg CGT

Thanks for any help

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03rd May 2012 11:17

It all depends on what you mean by 'partner'

Give us a bit more to work with please

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By cde123
whatdoyoumeanwashe
03rd May 2012 11:54

Not a business partner but  long term partner in relationship .They are not married but have children. Does 'connected persons' come into any possible CGT here?

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