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CGT on gift of work of art

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Hello everyone

Please can you confirm for me that no CGT gift relief (or any other roll over relief) is available on the gift of a piece of art?

Thanks

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By The Dullard
19th Oct 2021 20:47

I am happy to confirm that FA 1980, s 79 was indeed repealed by FA 1989, s 126. TCGA 1992, s 260 is still with us though, which may be food for thought.

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Replying to The Dullard:
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By rae10000
20th Oct 2021 11:25

Great thanks

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