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  4. Do I have to pay Capital Gains Tax if I gift a capital asset to someone?
  1. Home
  2. Limited Company FAQ's
  3. Do I have to pay Capital Gains Tax if I gift a capital asset to someone?

Do I have to pay Capital Gains Tax if I gift a capital asset to someone?

If you gift an asset to someone, there is no physical receipt of cash but the asset still has an intrinsic value.


The rules depend partly on who you make the gift to and also includes if you sell something for less than its market value. There are reliefs available if you gift business assets though. 

Updated on 7th May 2021

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