546-470 Final exempt period of ownership for the disabled or those in care homes
As indicated at ¶546-450, for disposals occurring on or after 6 April 2014 the exempt final period of ownership was reduced from 36 months to 18 months and from 6 April 2020 further reduced to nine months. However, for certain categories, the period will remain at 36 months (TCGA 1992, s. 225E(4)), where either of two conditions are satisfied;
(A)where the owner making the disposal is, at that time, a ‘disabled person’ or a long-term resident in a care home and does not have any other ‘relevant right’ in relation to a private residence;
(B)where the owner’s spouse or civil partner satisfies condition A and neither has a ‘relevant right’.