HMRC have updated their Capital Gains Manual for the following:
- CG 65670 – Private residence relief: dependent relative: at 5 April 1988: conditions – guidance updated;
- CG 65660 – Private residence relief: dependent relative: sole residence – guidance updated;
- CG-APP18-160 – Part 1 Accessing the Capital Gains Tax (CGT) on UK Property Account: Non-UK residents – guidance updated;
- CG-APP18-150 – Part 1 Accessing the Capital Gains Tax (CGT) on UK Property Account: Personal representatives and capacitors – guidance updated;
- Part 2 – Submitting returns through the CGT on UK Property Account: The “Before you start” section of the return submitted through the CGT on UK Property Account – guidance updated;
- Part 1 Accessing the Capital Gains Tax (CGT) on UK Property Account: Trusts – guidance updated;
- Part 1 Accessing the Capital Gains Tax (CGT) on UK Property Account: Before you start – guidance updated;
- Part 1 Accessing the Capital Gains Tax (CGT) on UK Property Account: Agents – guidance updated.
Related content from Claritax Books
Main Residence Relief, by tax barrister Ximena Montes Manzano, is a clearly written guide to the familiar CGT relief (often referred to as principal private residence relief or PPR). The book offers fresh commentary on a topic that is familiar to many tax advisers but that contains numerous pitfalls for the unwary. With full reference to appropriate legislation and relevant case law, the principles are illustrated with real-life scenarios and planning points.
