Blogger
Share this content
0
2
1124

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

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

Replies

Please login or register to join the discussion.

It all depends on what you mean by 'partner'

Give us a bit more to work with please

Thanks (0)

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?

Thanks (0)