Can the CGT losses on jointly held shares be used by one person?

Duke123

Registered User
Messages
9
Hi,

Myself and my wife hold shares jointly in BOI which when sold will give rise to capital losses.

If we transfer the shares into my sole name and I then sell them, can I personally claim
all the capital losses arising ?


Thanks,

Duke.
 
You don't even have to transfer them into your name before selling them.

The default is that losses are transferable between spouses.
 
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