CAPITAL GAINS TAX: Expectation of continuous occupation entitled owner to PPR relief
The First-tier Tax Tribunal has agreed that a man was entitled to principal private residence (PPR) relief from capital gains tax on the sale of his London flat, even though he only lived there for seven weeks. According to tax consultants Gabelle LLP, the decision may support similar claims in respect of short periods of occupation, although all such cases are highly fact-specific and are likely to be resisted by HMRC (Dutton-Forshaw v HMRC, 2015 UKFTT TC04644).
CGT ruling on PPR relief
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