lialwarrior
Registered User
- Messages
- 30
The tax exemption ( CAT) is gone and now only applies to inheritance ( i.e. on death) rather than a gift.
Nige
Thanks for that clarification - I'd forgotten about the father/child site situation.
And I'd thought that the CAT house situation was abolished precisely because it was being abused not by co-habitees but by parent/child situations.
mf
Transfer the house to your child!!! Would be a benefical from a tax perspective!
Transfer the house to your child!!! Would be a benefical from a tax perspective!
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