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Claim for holdover relief Sections 165 and 260 TCGA 1992 Transferor Transferee Name Name Address Address Postcode Postcode HM Revenue & Customs office HM Revenue & Customs office Unique Taxpayer.

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No, you do not pay CGT when you make a gift to your husband, wife or civil partner – as long as both of the following apply: you lived together for at least part of the tax year in which you made the gift; and. the gift is not of 'trading stock' (trading goods bought for resale).

Capital Gains Tax Holdover Relief is also known as Gift Holdover Relief and it is normally claimed whenever you pass on your whole business or just some assets which form part of your business to someone else in order to assist the buyer or for other reasons.

The claim must be made jointly by the transferor and transferee, unless the transferee is the trustee(s) of a settlement, in which case the claim is made by the transferor alone. The normal time limit for holdover relief claims is four years following the end of the tax year of disposal (TMA 1970, s 43(1)).

The time limit for claiming gift hold-over relief is four years and 10 months from the end of the tax year of disposal.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232