Changes to CGT rules on separation and divorce from 6 April 2023

Table of contents

• What are the current CGT rules?
• What is changing?
• When will the changes take effect?
• What is the background to the changes?

Article summary

Family analysis: Where a disposal occurs on or after 6 April 2023, there will be changes to the capital gains tax (CGT) rules that apply to transfers of assets between spouses and civil partners who are in the process of separating. The aim of this measure is to makes the CGT rules fairer for spouses and civil partners who are in the process of separating and allow more time for them to transfer assets between themselves without incurring a charge to CGT.