Limit to Tax free loan to spouse

This discussion addresses whether an interest-free loan of £50,000 from a husband to his wife, funded by capital gains from property sale, attracts income tax. The general consensus is that providing an interest-free loan to a spouse is permissible and does not inherently attract income tax, provided the transaction is conducted through official bank transfers and is a personal arrangement. The loan's purpose (business vs. personal) might be a consideration, but the act of lending interest-free itself is not typically taxed.