Stop and Restart

[vector]

Can I at the outset thank all those that take part in imparting with their time and valuable advice.

Can I ask if you rent a property and you have losses and then move in and thereafter restart letting - are the previous losses rolled over after the gap ?

Thanks in advance

[pawncob]

No. When the business ceases, the losses are lost.

http://www.hmrc.gov.uk/manuals/pimmanual/PIM4210.htm

[DCF]

Where a rental business consists of letting property it will normally cease when the taxpayer disposes of the last of the properties they are renting out or, alternatively, they begin to use all the properties for a non-business purpose. For example, if the business only consisted of letting a single house, it would cease when the tenant left and the taxpayer began to use the house as a private residence or, alternatively, when they decided the house wouldn’t be re-let.

[Peter D]

Why did you move into the property and for how long. Did you still own another private residence that you lived in. Regards Peter

[vector]

Lived with my parents - movedIin for a couple of years .
could not afford it so moved back