CGT wife transferred half share of property to husband in 1994

Posted by jem PM | on Sun, 18/12/2011 - 23:23 881 2 comments | report

A client transferred half of the value of a flat that she inherited in the late 80s to her husband in 1994. They now want to transfer ownership to their son.

Can I still calculate the husband's share as including indexation allowance at the point that the original transfer was made? I seem to remember lots of articles suggesting that transfer was a good idea, prior to indexation being discontinued for individuals. Please can someone let me know if I am right or wrong on this point.

Thanks.

Comments

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Yes

MJShone | Mon, 19/12/2011 - 13:35

Thanks so much, I had worked

jem | Mon, 19/12/2011 - 13:37