PPR relief where the house is in Poland

CG tax on self built

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Dear Sir/ Madam,  

 

I do have a query in relation to CG tax on self built: 

 

Capital gains tax Example – Principal private residence relief where the house has self built in Poland and the owner has lived elsewhere, in UK. Iwona is a tax resident but non domicile. 

 

What is the period of ownership? Date of buying land or date of completing the built? What evidence is needed for proofs? 

 

Your comments would be much appreciated. 

 

Regards 

Replies (5)

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By johngroganjga
24th Apr 2017 12:42

If your question is about PPR relief you can forget it because, in your own words, "the owner has lived elsewhere". Come back when the owner has started living there, if of course they are still UK resident at that point, which they presumably won't be.

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By mrme89
24th Apr 2017 12:44

If the house is in Poland, but the taxpayer has been living in the UK, why do you think that PPR relief is in point?

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By Dick Stastey
24th Apr 2017 13:39

Did you always intend to sell the completed house, by any chance?

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By AlgernonB
24th Apr 2017 14:22

The period of ownership will begin when the property is fully built, with all services installed, i.e. when it becomes capable of being inhabited. Proofs? Keep every receipt, every invoice, everything. Further to what others have said, if your client has not lived in the property as their PPR at any time, there will be no PPR relief due on disposal.

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By Matrix
24th Apr 2017 16:26

I expect Poland will have the first taxing rights.

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