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The Guardian - UK
The Guardian - UK
Business
Virginia Wallis

My ex-husband is buying me out of our former home – do I need to pay tax?

Divorce house settlement
The rules for working out capital gains tax gain (or loss) in a divorce are complex. Photograph: Peter Dazeley/Getty Images

Q I have a tenant in common mortgage with my ex-husband on our former marital home that he has been living in. He is now in a position to buy me out of the property and will either continue to pay the small mortgage or pay it off in full.

We have agreed the price and have started the process of contacting the mortgage lender and so on but I was wondering whether this “sale” would have any tax implications for me?
AN

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