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News 27.7.15

The Times: How to stop the taxman benefiting from a divorce

News 27.07.2015

The Times’ David Budworth sets out the rules to follow to ensure your divorce isn’t more taxing than it needs to be.  Tax Partner at CBW, Thomas Adcock, who acts as a tax expert in divorce cases, comments within the article; “People can find themselves forced to sell assets to generate cash to pay an unexpected tax bill.  The London property spike means that where this wasn’t an issue before it has become one, as the uplift in property values can trigger large capital gains tax bills.”  To read more about how to lesson the pain of a break-up and how Thomas Adcock can advise, please read the article, published on Saturday 25 July 2015, here.  (You will need to log in or subscribe to the Times or please contact us for more information.)