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
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 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
A new client has come to you for advice about a property he has sold. He lived in it on and off during the ownership period, although there was a delay in initially completing the exchange. He had
other properties that he has occupied as his home as well. You believe some private residence relief (PRR)...
Published 20.02.2020
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
A taxpayer has successfully argued that living in a flat for just ten weeks was enough to make it his main residence, securing partial tax relief. How did he do it, and what should you advise clients
in a similar position?
Published 01.10.2019
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 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
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
Knowing exactly when a property is acquired is vital in calculating a gain that is not fully covered by private residence relief. How does a 2017 tribunal case shed some light on the treatment of
“off-plan” homes?
Published 31.10.2017