Transitional Relief was to compensate the taxpayer for the closing gap which you mention. Otherwise, somewhere along the line, some profits would have been taxed twice with no gap of a corresponding ...
Wife elected to reduce her MA (ie that 10% of a PA be transferred to her husband). The husband is a BR taxpayer in 22/23 and 23/24 and will probably be in 24/25. HMRC have written to the wife to say: ...