Nursery sale of property

Is ER available

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Have a client operated a Nursery from a House she owned for 10 years ceased trading  31/03/15.

Let the property as residential accommodation from April 15 to sale in Jan 2017.

Can I claim ER on business asset disposal within 3 years of cessation ?

Do I have to time apportion the let period for CGT purposes ?

Any different it were a trading company, something about associated disposals ?

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By Tax Dragon
25th Jan 2018 09:13

It really is worth reading the basic requirements in s169I. And yes s169P can apply for associated disposals (within s169K) but not for material disposals (within s169I).

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