Private Residence Relief on overseas property

Posted by cocoloco PM | on Wed, 08/02/2012 - 14:33 256 1 comment | report

Simple question - Am I right in thinking that a UK resident with an overseas property could nominate it as their Principal Residence to mitigate CGT?

Comments

ACDWebb | Wed, 08/02/2012 - 16:30 | Permalink

yes. Depends on the exact circumstances (of course)