Capital gains tax & PPR | AccountingWEB

Capital gains tax & PPR

This is the scenario:

House was bought approximately 25 years ago. Clients lived there for about 9 years, until they moved out to live in a pub which they ran. They were tenants in the pub at first (always self-employed) until they later bought it (about 8 years ago).

They still owned the house bought 27 years ago until they sold it this year. The question is will PPR apply for the period when they moved out of the house and in to the pub? Can it be argued that this is job related accommodation even though they were self-employed?


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Accommodation can be job-related for self-employed

Euan MacLennan |
Euan MacLennan's picture

Election still needed

Ardeninian |