Has anybody come across a situation like this:
Mr X owns property A, his mother owns next door property B, there is a connecting door and they move between properties sharing facilities. She dies leaving him property B. He continues to use both properties for 4 years. He then bricks up the doorway and immediately sells A and B separately but at the same time. Does he qualify for private residence relief for A AND B?
Thanks
Andrew
Replies (3)
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correspondence
I wrote to the tax district (Chapel Wharf) and got a silly reply from a revenue officer; so I wrote again and asked for an inspector to look at it. The inspector phoned me to talk it over and then I got a written ruling from her. The whole process took just 8 weeks, so full marks to the Revenue on this one.
Thanks Phil
How did the Inland Revenue become aware of your client's position. Did you disclose the information on his tax return? or try to seek clearance not to disclose?
Thanks
maybe
I persuaded the Revenue to grant PPR on 2 adjacent properties where the client had bought the second for the children's use (instead of extending his house) and then sold both when the children left home. This was a little over a year ago.
Good luck.