Capital Gains Tax - Gift Holdover Claim

This product aims to facilitate tax benefit deferring capital gains tax on gifted property. This relief applies when a property is gifted to another person, typically a family member, and is designed to help reduce the tax liability associated with transferring property.

To claim CGT Gift Holdover Relief, the individual must make a claim to HM Revenue & Customs (HMRC) within the specified time period. The claim must include details of the property, the recipient of the gift, and the reasons for the gift.

The initial document aims to ensure that all relevant information is included in the claim. 

This product includes submission and other follow-up report with HMRC to ensure that the claim is processed promptly and efficiently. We will provide updates on the status of the claim and keep you informed of any further action required.