The Court of Appeal has issued a binding decision on when the period of ownership of a main residence begins for capital gains tax relief purposes. What is the key point, and what action do you need
to take for your clients?
Published 28.01.2020
A client has mentioned that they moved house a year ago but are struggling to sell their old home. They are also about to be seconded by their employer, firstly several hundred miles away in the UK,
then overseas. How will this affect their capital gains tax position?
Published 20.09.2022
Two of your clients are about to sell residential property. One has lived in their property intermittently whilst working in the UK and overseas, whereas the other has never lived in their property
at all. How could both clients potentially claim private residence relief (PRR) in full?
Published 10.07.2023
A 2014 case offers some valuable insight into the distinction between a property that is bought with the intention of becoming a home and one where its to make a profit. What can you learn from this?
Published 24.02.2015
A number of recent cases have put private residence relief back in the spotlight. Additionally, the 2018 Budget contained some unwelcome news for potential sellers. What are the changes announced,
and why is it worth reflecting on the relief for clients now?
Published 26.11.2018
HMRC’s approach to private residence relief (PRR) is increasingly aggressive, especially where second homes are concerned. In what situations are your clients entitled to private residence relief and
how can you help them improve their chances of a successful claim?
Published 17.12.2015
A client has been working abroad for ten years. He will shortly be returning to the UK and has decided to sell his property in order to buy a bigger one for his young family, but should you advise
him to sell before or after he gets home?
Published 27.08.2020
A client has recently sold her main residence and believes the gain should be exempt due to private residence relief. Why can things get complicated, and might disclosing the full details on a return
be a good idea?
Published 29.08.2019
Anyone purchasing an off-plan main residence was relieved when the First-tier Tribunal upheld a private residence relief (PRR) claim in 2017. Now the Upper Tribunal has overturned that decision.
What’s the impact?
Published 29.10.2018
A client would like to sell a property that is set in substantial grounds with a number of outbuildings. It has been occupied as her only residence, but she is unsure whether private residence relief
(PRR) will apply to the grounds and other buildings. What do you need to consider when advising?
Published 26.08.2021