CGT Private residence relief/dependent relative

by **mullet** on Fri Feb 03, 2012 6:37 pm

But the legislation clearly states within/outside the UK. If the extra relief applied to all, then surely the legislation would talk of "employment in the same country as the property is located" and "employment in a country other than the one in which the property is located"???

by **Peter D** on Fri Feb 03, 2012 7:05 pm

But you are resident for tax purposes in the UK. Regards Peter

by **maths** on Fri Feb 03, 2012 10:02 pm

If the Bulgarian subsidiary (BS) of a UK company requires a Bulgarian resident employee of BS to work in the UK then the period spent working in the UK could potentially be deemed to be a period of residence in the property under s 223 (3)(c).

There is no restriction requiring a property to be UK located for PPR relief.

by **Peter D** on Fri Feb 03, 2012 10:23 pm

Good point I had forgotten that is was a UK company with a BS. However whether PPR applies I am unsure as the situation is somewhat unusual. Regards Peter