Latent CGT Liabilties
Appointment Type: Party appointed expert
Service Area: Divorce and Matrimonial Matters
Industry: Real Estate and Property
Litigation Type: Matrimonial
Size of Case: £500,001 - £2.5 million
We were appointed to perform a review of latent CGT in a portfolio of properties. The Court Order was for a Single Joint Expert but one of the Parties declined to support our appointment as a relative had made their own calculations of latent CGT; based on the transfer of one property a year for the next decade. We set out the CGT in a portfolio of transfers and sales, and the HMRC position on the timing of a disposal, for CGT purposes and to allow the legal advisors to consider the matter.