Chancellor George Osborne will cop his fair share of flak in tomorrow’s newspapers after the announcement the rise in the pensionable age to 68 will be brought forward to the mid-2030s. However, there is a lot more to Mr Osborne’s Autumn Statement than that – with various measures that may or may not affect you. As always there are winners and losers ...read more
Howlader & Co Blog
principal private residence relief
If you own your own home, there is normally no Capital Gains Tax (CGT) liability to pay on the sale of the property. This applies if two conditions are met:
- The property is the sellers only home, or main residence. If the seller owns a second property, the following applies to the property designated their PPR.
- The property must be used only