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PPR and ER (BADR) on sale of mixed use property

Can we claim both PPR relief and Entrepreneurs Relief on a mixed use property

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A client has just sold a property which he lived in for a period and then converted into a B and B which he ran as a sole trade. I think we can claim PPR relief for the period he lived in the property (plus last 9 months) and Business Asset Disposal Relief on the remainder of the gain but I'm not 100% sure. Has anyone experienced this situation before?

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By Tax Dragon
21st Jan 2022 11:18

PRR applies to a gain accruing to an individual so far as attributable to the disposal of, or of an interest in, a dwelling-house or part of a dwelling-house which is, or has at any time in his period of ownership been, his only or main residence. End. (And it's not a claim.) Question: was the buyer buying a dwelling-house?

BADR is relevant to material disposals of business assets. These terms are defined. It requires a claim.

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