Sign up to get our free landlord tax strategies


To receive our seven FREE landlord tax saving strategies just simply complete the form below and the first strategy will be emailed to you immediately.

Sign up to get our free landlord tax strategies

Thank You!

Can I gift my property to my brother?

View All Questions View Questions From:

Can I gift my property to my brother?

Question

I own a property outright in my name.  I would like to gift this to my brother. 

I am married under Shariah (Muslim law) but never had the marriage acknowledged/ceremony in the UK.  My husband lives with me but has only been in the UK for 4 yrs and has not yet naturalised.

 

Can I gift my property in my name over to my brother without my husband's knowledge as I bought and paid for the property?

 

James says 

If you gift the property to your brother you will be deemed to have disposed of it at its market value for CGT purposes. I cannot advise on the question of giving without your husband's knowledge - this is not a tax question.

Case Study

Landlord Tax Secrets

 

 

Get our SEVEN FREE Landlord Tax Saving Strategies -  

Guaranteed To Slash Your Property Tax Bills!


Click here
for more.