a Sift Media publication
Sift Media logo

Newth Talks Tax: PPR and second property

Posted by AccountingWEB in Tax on Mon, 01/12/2008 - 13:54

PPR and second property

An anonymous subscriber asked for confirmation that it was not possible to make an election for a second property to be the principal private residence where the taxpayer owned a holiday home which was lived in for two weeks and then let out to tenants. Also, what was the position where the second property was abroad?

Alan Webb confirmed that an overseas property is potentially eligible to PPR.

To read the rest of the article you'll need to log in below

If you've forgotten your details click here for a reminder.

If you haven't got an account, it only takes a minute to set one up,
click here to register

1 comment

Create your free account

  • Access all articles in full
  • View multimedia
  • Receive email bulletins
  • Private messaging
Register now

Login

Forgotten your password?

Competition

Want to win £500 of digital photography goodies? Click here to find out how you can get your hands on some fabulous prizes.

Tell us what you think

Love it? Hate it? We want to know what you think of the new design and how we can make it even better. Post your views in our new feedback group... we can take it.

Start blogging!

Got an opinion you want to share with the rest of the community? Then login and get blogging! We're giving away a bottle of wine to the writer of the best post, every month.