Capital losses transfer between spouses

Lorcan F

Registered User
Messages
5
Can I ask you help on a capital gains tax question. My Wife and I both have capital losses accrued from previous years carried forward to this tax year. We are jointly assessed for income tax purposes. If I sell an asset which is solely in my name, and exceeds my individual accrued loss, can the remaining capital gain be in addition ofset against my wife's accrued capital loss?