Married couple First Active CGT

M

Murt10

Guest
"in the case of a married couple, both spouses are entitled to the (CGT) exemption ... in the case of free shares, if the shares were allotted on a joint investment account or housing loan in which each had a beneficial interest......

Two sets of exemption mean the CGT liability can be reduced significantly."

Looks like the couples, with a joint mortgage with FA or where they had a joint savings account, where only the first named person got the free shares, get a reprieve on their tax liability.

Good news for some I suppose.


Murt

www.unison.ie/irish_indep...e_id=11557
 
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