Spears Indices
1. Jamie Black, Sarasin & Partners
2. Robert Taylor, Kleinwort Benson
4. Stewart McGregor, Merrill Lynch
5. Olivier de Givenchy, J.P. Morgan
6. BS Kandlur, Standard Chartered Private Bank
7. Charlie Hoffman, HSBC Private Bank
9. Helen Watson, Morgan Stanley
10. Steve Whiting, HSBC Private Bank
12. Alexander Hoare, C Hoare & Co
13. Nick Tucker, Merrill Lynch
14. Eva Castillo, Merrill Lynch
16. Jennifer Chambers, Allen & Overy
17. Sue Laing, Boodle Hatfield
18. Mark Buzzoni, Taylor Wessing
20. Richard Hay, Stikeman Elliott
21. Caroline Garnham, Lawrence Graham
22. Sandra Davis, Mishcon de Reya
23. Melissa Lesson, Mishcon de Reya
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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.
