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Tax Tip: Capital Gains Tax Savings with Spousal Transfers

For those incurring, or about to incur capital gains tax on the sale of investments, consider the fact that married couples can make transfers between each other without incurring such a charge. This way, a transfer of an investment, or share of an investment, to a spouse immediately prior to its disposal can potentially bring in an additional tax free allowance as well as lower rates of capital gains tax.