CAPITAL GAINS TAX – Flat originally owned by taxpayers’ mother/mother-in-law – Flat sold to taxpayers subject to agreement permitting mother/mother-in-law to remain in occupation for her life or until remarriage – Flat later sold after mother/mother-in-law ceased to occupy and more suitable property provided – whether private residence relief available – whether taxpayers trustees and flat ‘settled property’ – appeal allowed
[2014] UKFTT 43 (TC)
Bailii
England and Wales
Updated: 12 October 2021; Ref: scu.521759 br>