The circumstances attacked

PRR is denied altogether where the acquisition of the property or an interest therein was made wholly or partly for the purposes of realising a gain on its disposal. In that event none of the gain attracts PRR, for any part of the period of ownership, whatever the position about periods of occupancy or elections under TCGA 1992, s. 222(5)(a) (see ¶50-100).

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.