Capital Gains Tax - Understanding Main Residence Relief

Introduction

Whether you are an accountant who wishes to refresh their main residence knowledge or a solicitor who wants to learn about this ubiquitous and crucial relief, this virtual classroom session is for you.

Main residence relief can be incredibly valuable but can also be lost or limited in clients that are unaware of the common risk areas and pitfalls behind the legislation.

Fully supported by the legislation and a vast number of cases, this live session will encourage you through worked examples, case studies and recent developments, to understand the key concepts of main residence and letting relief.

What You Will Learn

This live and interactive course will cover the following:

• The issues surrounding the definition of the main residence and the dwelling house
• The issues surrounding the definition of gardens, grounds and the permitted area
• Which other buildings on the premises can get the relief?
• The final period exemption
• An explanation of the danger areas including:
• The quantity
• The quality
• The intentions of the residents
• Lettings relief

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.