ICAEW.com works better with JavaScript enabled.

Capital gains tax

Frequently asked questions from Markel Tax on capital gains tax.

CGT Private residence relief

Premium Content: This is exclusive item - please log in or subscribe to view this item.

November 2019

FAQ on whether a client can benefit from Private Residence Relief and Lettings Relief, even though the property, which was once their only or main residence, has been let out for several years.

Offsetting earlier losses from property rental against future profits

Premium Content: This is exclusive item - please log in or subscribe to view this item.

May 2019

FAQ on whether a client can set the property losses brought forward against the profits from a newly acquired rental property. He previously rented out a residential property in the UK, but sold it in 2012-13 and declared the capital gain on sale on that year’s tax return. He made a loss that year, which has been carried forward since.