- Home
-
Tax News
- Budgets and Autumn Statements
- Income Tax
- Business Tax
- PAYE and Payroll Taxes, National Insurance, NICs
- Company Taxation
- Savings & Investments, Pensions & Retirement
- Capital Gains Tax, CGT
- Property Taxation
- Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
- Tax Investigations & Enquiries
- VAT & Excise Duties
- Stamp Duty, Stamp Duty Land Tax, SDLT
- International Tax
- HMRC Administration, Practice and Methods
- Professionals in Practice & Industry
- General
- TaxationWeb
-
Tax Articles
- Budgets and Autumn Statements
- Income Tax
- Business Tax
- PAYE and Payroll Taxes, National Insurance, NICs
- Company Taxation
- Savings and Investments, Pensions and Retirement
- Capital Gains Tax, CGT
- Property Taxation
- Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
- Tax Investigations & Enquiries
- VAT & Excise Duties
- Stamp Duty, Stamp Duty Land Tax, SDLT
- International Tax
- HMRC Administration, Practice & Methods
- Professionals in Practice & Industry
- General
- Tax Tips
-
Tax Forum
- Income Tax
- Business Tax
- PAYE and Payroll Taxes, National Insurance, NICs
- Company Taxation
- Savings & Investments, Pensions & Retirement
- Capital Gains Tax, CGT
- Property Taxation
- Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
- Tax Investigations and Enquiries
- VAT & Excise Duties
- Stamp Duty, Stamp Duty Land Tax, SDLT
- International Tax
- HMRC Administration, Practices & Methods
- Professionals in Practice & Industry
- General
- Tax Jobs
- Get in Touch
Where Taxpayers and Advisers Meet
Can I qualify for primary residence relief
If you purchase a BTL property and then later make it your main home would you qualify for any primary residence relief. e.g if the house was a BTL property for two years and then you remortaged it with a normal residential mortage and made it your home for 5 years, would the 5 years count for residential relief, and would you therefore get lettings relief for the earlier 2 years?
Re: Can I qualify for primary residence relief
I should add, I should only get a BTL mortage so the house has been rented out. We have saved enough to allow us to now take out a residential mortage and move it. However, I am worried about CGT and PRR when we come to sell the property in the future.
Re: Can I qualify for primary residence relief
Yes. PPR is a matter of fact. You'd also get Letting Relief.
The type of mortgage is irrelevant to taxation.
The type of mortgage is irrelevant to taxation.
With a pinch of salt take what I say, but don't exceed your RDA
