Property developer wins PPR case | AccountingWEB

Property developer wins PPR case

A taxpayer who sold land on her Lincolnshire property for £300,000 is entitled to claim principal private residence relief (PPR), a tribunal has ruled.

Gabelle said that the case [Anne Dickinson V Commissioners for HMRC, TCO3037] shows that the use of the land can change over the period of ownership, which can have tax implications.

PPR enables individuals can sell their main residence without paying capital gains tax liability. Taxpayers with more...


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Oldmanwetmix's picture

Who wrote this *****t!    8 thanks

Oldmanwetmix | | Permalink

This article reads as though it was written by a teenager. It's so poor you need to re-read it several times to make sure you understood what it was attempting to say, and even then you're still not sure.

Surely a technical subject like this demands better.