CGT on gift of work of art

Didn't find your answer?

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

Replies (2)

Please login or register to join the discussion.

avatar
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I am happy to confirm that FA 1980, s 79 was indeed repealed by FA 1989, s 126.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.

Thanks (2)
Replying to The Dullard:
avatar
By rae10000
20th Oct 2021 11:25

Great thanks

Thanks (0)