[CG64545] CG64545 – Private residence relief: two or more residences: no valid notice made
Where an individual has two or more residences within the meaning of s222 TCGA92 it is not mandatory for that individual to make a notice nominating which is to be treated as the only or main residence.
CG64470 explains that an individual must have a legal or equitable interest in the residence for it to be a residence within the meaning of s222 TCGA92. An exception to this treatment can apply prior to October 1994 where the individual occupies a residence under a licence. If these circumstances apply see the October 1994 of Tax Bulletin or earlier versions of this manual (see CG10100).