D Duke123 Registered User Messages 9 21 May 2015 #1 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.
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.
G Gordon Gekko Registered User Messages 7,936 21 May 2015 #2 You don't even have to transfer them into your name before selling them. The default is that losses are transferable between spouses.
You don't even have to transfer them into your name before selling them. The default is that losses are transferable between spouses.
D Duke123 Registered User Messages 9 21 May 2015 #3 Gordon Gekko said: You don't even have to transfer them into your name before selling them. The default is that losses are transferable between spouses. Click to expand... Hi, thanks for helpful response. Appreciate it, Duke.
Gordon Gekko said: You don't even have to transfer them into your name before selling them. The default is that losses are transferable between spouses. Click to expand... Hi, thanks for helpful response. Appreciate it, Duke.