For over half a century, the application of capital gains rules has been a contentious issue, leading to potentially huge refunds for taxpayers. This long-standing oversight, which has persisted for 58 years, warrants
November 7, 2023 - Robinsons London
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Private Residence Relief (PRR) is a crucial component of the UK's tax system, providing homeowners with relief from Capital Gains Tax (CGT) when selling their primary residence. This relief is designed to
In a significant legal victory for taxpayers, the First Tier Tribunal (FTT) ruled in favour of Gerald and Sarah Lee in their dispute with HMRC regarding Private Residence Relief (PRR) for a replacement
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