Future Editions
In the next issue of Spear's (Winter 2008):
An interview with Laurence Graff, founder of one of London's most glittering jewellers.
What the British can learn from America about philanthropy.
Inside the hedge head - talking to the psychiatrist to the fund managers.
Unbillable Hours
Our specialists solve your HNW problems (gratis!)
Q
I am at the start of divorce proceedings and am concerned about the tax implications. I have heard that you might have to pay capital gains tax on the assets you get as part of the divorce settlement - is this the case?
A
It is a little-known part of the UK tax system but divorcing couples may indeed find themselves subject to capital gains tax. This can happen, for instance, if the marital home is sold as part of the divorce settlement or even in a situation where the home is given to one spouse under the settlement, with no money changing hands.
Spear's Wire
The Hedgehog
Spear's Spiky Undercover Agent Dishes the Gossip
