Capital Gains Tax

Budget Bites: What Family Lawyers Need to Know

Budget Bites: What Family Lawyers Need to Know

These are the key points from the 2026 Budget to consider in respect of existing expert reports where the tax calculations may need to be revisited or when drafting new instructions. The good news is that there are not too many significant changes.

Money Corner: All A Bit Unnecessary

Money Corner: All A Bit Unnecessary

‘Tax doesn’t have to be taxing’ was the slogan that HMRC used 20 years ago to raise awareness about the system of Self-Assessment, but some of the recent developments around tax and divorce have me scratching my head about this maxim. No gain no loss transfers and the former

Capital Gains Tax – Changes on the Horizon?

Capital Gains Tax – Changes on the Horizon?

In November of 2021, the government accepted the Office of Tax Simplification’s (OTS) proposals regarding the tax year of separation. If enacted into legislation, these changes could have a significant impact on the way that Capital Gains Tax (CGT) applies to divorcing couples. In anticipation of these changes, couples