Capital Gains Tax: transfers of assets between spouses and civil partners in the process of separating – Family Law
‘The government has published proposals to change the rules that apply to transfers of assets between spouses and civil partners who are in the process of separating. It provides that they be given up to three years in which to make no gain or no loss transfers of assets between themselves when they cease to live together; and unlimited time if the assets are the subject of a formal divorce agreement.’
Family Law, 19th August 2022
Source: www.familylaw.co.uk