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Single Joint Expert

Reference: M310

Appointment Type: Single Joint Expert

Service Area: Divorce and Matrimonial Matters

Industry: Legal and Professional

Sub-category: Family Matters

Litigation Type: Matrimonial

Size of Case: Matrimonial

The expert received a letter from Solicitor A (with copy to Solicitor B) pursuant to a Court Order. The letter instructing him to act as a Single Joint Expert in a matrimonial dispute.

The instruction was to prepare on a Single Joint Basis, a Capital Gains Tax (“CGT”) calculation in the event of disposal of several properties. The property portfolio included residential property held in the UK and overseas.  The properties were either held jointly or held solely by one party.

Both parties were UK residents.

The expert considered the year of separation rules, disposing of an undivided share, main residence relief, lettings relief and clogged losses as part of his CGT calculations.