Mudcat Café Message

awe

User Name	Thread Name	Subject	Posted
Nigel Parsons	BS: CGT trap for separating couples! (98* d)	RE: BS: CGT trap for separating couples!	07 Jan 21
It is better for Chris to pay tax on his actual profit, using method A. If Chris had previously asked to pay tax using method B, he will need to tell HMRC that he wants to change back to paying tax on his actual profit, method A. Quite right too. Otherwise taxpayers will try to concentrate their claimable expenses in alternate tax years, and swap back and forth between the two systems.

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