Tax Avoidance

Question 1

SJP advice rules around transfer to DT after same of another asset

Answer 1

• under rules of ‘conditional gifting’
• when an asset is sold
• although it is acceptable to transfer some or all of proceeds to a spouse
• the spouse should not then transfer that away to an IHT scheme within 6 months
• as the HMRC May view that deliberate tax avoidance