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 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. |