by AccountingPreneur | Aug 30, 2019 | Private Residence Relief
Draft legislation to be included in the next Finance Bill will make important changes to the calculation of Capital Gains Tax private residence relief. As announced in the Autumn 2018 Budget, there will be a reduction in the final period exemption to just 9 months and... 
by admin | Jun 12, 2019 | Letting Relief, Private Residence Relief
Last year HMRC carried out a review of rent a room relief and it was proposed that the availability of this generous relief would be restricted to situations where the taxpayer was resident for at least part of the time when the “lodger” was paying rent. The scheme...