Tax Insider Tip: Private residence relief - When HMRC’s arguments were off target

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The extent to which capital gains tax (CGT) principal private residence (PPR) relief is available on the disposal of an individual’s only or main residence is straightforward to establish in most cases.
 
However, differences in interpreting the relief and its scope can sometimes cause disputes between HM Revenue and Customs (HMRC) and the former property owner.
 
Mark McLaughlin has written an article in which he looks at a private residence relief case involving an individual’s delay moving into a dwelling whilst it was being built.
 
It is a sample article from our popular Property Tax Insider newsletter but you can read it right here:
 
>> Private Residence Relief - When HMRC’s Arguments Were Off Target!
 
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