Rob Roy Posted January 14, 2010 Share Posted January 14, 2010 We have obtained a CU on a parcel of our land so that my brother can build a house. Apart from getting the plot re-registered in his name is there anything else we have to do, and would the gift be liable to any taxes for either party? Link to comment Share on other sites More sharing options...
Will Posted January 14, 2010 Share Posted January 14, 2010 A lot depends on where you are both resident when the gift is made. This might help. Link to comment Share on other sites More sharing options...
Rob Roy Posted January 14, 2010 Author Share Posted January 14, 2010 Thanks for your prompt response Will. We are French residents for the last 9 years with no financial or tax ties to the UK. My brother is at present resident in the UK, but will come to live in France once he has built the house. Link to comment Share on other sites More sharing options...
Rob Roy Posted January 15, 2010 Author Share Posted January 15, 2010 Is there any reason we can't sell the land, for a nominal amount, rather than 'gift' it? Link to comment Share on other sites More sharing options...
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