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Where Taxpayers and Advisers Meet

3 Year Rule - Start Date

Chrissie18
Posts: 4
Joined: Wed Jun 27, 2018 10:08 pm

3 Year Rule - Start Date

Postby Chrissie18 » Tue Oct 09, 2018 9:51 pm

I am POA for an Aunt. She left her property on 24 Dec 2015 and after a long hospital stay entered residential care in April 2016. For the purposes of the 3 year rule, when would the clock start ticking, Dec 16 or Apr 17?

Grateful for any advice.

Chrissie18
Posts: 4
Joined: Wed Jun 27, 2018 10:08 pm

Re: 3 Year Rule - Start Date

Postby Chrissie18 » Tue Oct 09, 2018 10:06 pm

Apologies, got the clock start ticking dates wrong! Would it be Dec15 or Apr 16.....

AGoodman
Posts: 472
Joined: Fri May 16, 2014 3:47 pm

Re: 3 Year Rule - Start Date

Postby AGoodman » Thu Oct 11, 2018 7:57 pm

I would say April. The property remained her only home while she was in hospital.


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