Dodging tax legally on land purchase ....

T

The Dodger

Guest
Hello,

I am purchasing land from my aunt (pensioner) to the value of 200k.

What is the most tax efficient way to carry out this transaction for both parties ? Ie: Would there be any possibility that she could gift it or some other means and I could gift the sum above to her ?

We are trying to dodge the tax legally ! :)

The Dodger ........
 
can she gift to you parents (brother/sister gift) and they gift to you (parent/sprog gift) as the limits are higher than aunt niece gift/ niece aunt gift
 
No. as Aunt gift to parent will have low threshold.

How much did the aunt acquire the land for?
Did she farm it?
Possible business relief. to reduce her CGT.
 
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