Capital Gains Tax – Relief On Disposal of Private Residence – appellants lived in property for only 6-8 weeks – unsolicited offer to buy the property received from a neighbour – did the occupation of the property have the nature and quality of residence? – held, yes, as appellants intended to live there indefinitely until offer accepted – appeal allowed
Citations:
[2020] UKFTT 440 (TC)
Links:
Jurisdiction:
England and Wales
Capital Gains Tax
Updated: 14 July 2022; Ref: scu.656827