Principal private residence relief (简称 PPR) Gain arising on individual’s only or main private residence is exempt from CGT if the owner has occupied the whole of the residence throughout his period of ownership Gain from 唯 一主要的住所,免除 CGT。 Deemed occupation 视作占用 a) Any reason ...
As he had his own personal residence, he felt that he could not claim principal private residence relief. Early in November 2001, the Revenue initiated an enquiry into his return. During the course of it, the taxpayer stated that he did spend some time at the property around the period of...
Which of the following periods may count as a period of occupation for principal private residence relief purposes?A. A three year period of absence during which the owner was working elsewhere in the UK.B. A four year period whilst the owner was required by his employment to live abroad.C...
The British Chancery Division held that the owner's particular requirements were not relevant in determining whether land in excess of the statutory 0.5 hectares was required for the enjoyment of a private residence, and so eligible for capital gains tax relief, as of March 2001. The decision wa...
Principal Private ResidencePeter Vaines