Commentary

C3.1713 PPR relief where a dependent relative occupies the residence

Capital gains tax
Capital gains tax | Commentary

C3.1713 PPR relief where a dependent relative occupies the residence

Capital gains tax | Commentary

C3.1713 PPR relief where a dependent relative occupies the residence

The relief for private residences1 may also be available in respect of a dwelling house which is occupied as the main residence of a dependent relative of the owner. These rules are now of only limited relevance as, for disposals after 5 April 1988, the dependent relative of the individual making the disposal must have occupied the property as their sole residence on 5 April 1988 or at any earlier time during the period of the ownership of the individual making the disposal2. The accommodation must be provided rent free and without any other consideration (also see below). It is understood that an interest-free loan provided by the dependent relative constitutes consideration for this purpose3.

Once the dependent relative who occupied the property before 6 April 1988 has ceased to occupy it, any subsequent period of residence by the same or any other dependent relative which commences after 5 April 1988 is disregarded in

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