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Hi Nothing at all! It is up to you to elect which house is your PPOR. For most of us peasants, this is easy as we generally only have the one house, but for land barons like you :D it is a tougher position to be in. Seriously, I would urge you to stay with the one house as exempt from...

Hiya Our tax system is based on self assessment. This means that whatever you show in your tax return will be accepted at face value. It is only if the tax office asks questions that you must prove what you have done and why . . . Yes, if you were not married, you could each claim a...

Hi If each spouse owned one property each in full (that is not joint ownership) then I can see no logical reason why each cannot claim the property as their PPOR and so exempt from CGT. However, on re-reading the relevant sections of the tax act (after prompts from Ruchard Hunt - thank you...

Hiya Yes, you can elect to treat your holiday house as your PPOR. However, in doing so, this means that you cannot claim your home as a PPOR for the same time frame. Furthermore, the holiday house needs to be either moved into again as your PPOR, or sold within that 6 year time frame to...