In line with the commitments made in Budget 2018 the government has launched a consultation on principal residence relief (PRR). As announced in the Budget with effect from 6 April 2020 PRR requirements in respect of the final period exemption and lettings relief will be revised as follows:
The consultation invites feedback on three other proposed changes relating to PRR:
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In line with the commitments made in Budget 2018 the government has launched a consultation on principal residence relief (PRR). As announced in the Budget with effect from 6 April 2020 PRR requirements in respect of the final period exemption and lettings relief will be revised as follows:
The consultation invites feedback on three other proposed changes relating to PRR:
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes: