Apportionment of consideration

The Taxation Chargeable Gains Act 1992, s. 224(1), in contrast to s. 224(2) (see below), contains no reference to apportionment of consideration where there is to be a restriction of PRR. The authority for apportionment where there is business use at the date of disposal lies in s. 222(10), applicable where only part of the property is the only or main residence, but also generally ‘wherever required’ by s. 222–226.

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