Connected persons
In this lesson, you'll learn how connected persons rules affect capital gains tax planning and disposals. The video explains who counts as connected (spouses, civil partners, close family members, and business partners), why it matters for tax purposes, and the key tax implications when you dispose of assets to
This lesson is part of a paid course
Buy the course to unlock every video lesson and the AI Tutor, plus mock exams with feedback on CIMA courses.
Already bought? Sign in
Ask the AI tutor anything about this lesson
It knows every lesson in the course — explanations, clarifications, practice questions.
In this lesson
- 0:00 Connected persons and tax treatment
- 0:10 Nil gain nil loss transfers explained
- 0:34 Planning strategies for spouses and partners
- 1:11 Who counts as connected persons
- 1:56 Disposals to connected persons at market value
- 2:37 Ring fenced losses from connected disposals
About this lesson
connected persons. You'll discover how disposals to connected persons are always treated as market value transactions, how losses from these disposals are ring-fenced, and practical planning strategies—such as transferring assets between spouses before disposal or using capital losses strategically—to minimise your overall capital gains tax liability. This content is essential for TX (Taxation) and ATX (Advanced Taxation) students, as connected persons rules feature regularly in exam questions and real-world tax planning scenarios. Understanding these rules helps you advise clients on legitimate tax efficiency and avoid costly mistakes when structuring asset transfers and disposals within families and businesses.
Duration: 3m
Transcript
Every lesson comes with a full searchable transcript - included with the course.
Get the Advanced Taxation course
All 365 video lessons, an AI Tutor in every lesson and lifetime access.
Already bought? Sign in