Equity tax

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Advice forum

Edward
18.06.2025 8:46:17

1596

My wife and I are seperating (we haven’t yet) she is transferring 103,000£ of the equity of the house to me which will give me a deposit for another house. And we are signing a tr1 to remove me from registry of our family home.
My solicitor is asking for evidence from a tax specialist as to whether she needs to submit this transfer to the hmrc or not. I’ve found conflicting info on the internet. Can you advise?

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