Should CGT apply in this case?
My mother in law gave her son (my brother in law) her car. She has stopped driving as she is in her 80s, The car is worth £10k. It is still registered to her but he is paying for its upkeep.
Thanks
My mother in law gave her son (my brother in law) her car. She has stopped driving as she is in her 80s, The car is worth £10k. It is still registered to her but he is paying for its upkeep.
Thanks