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From: M Kats
I am looking for more details regarding the tax law "principle place of residence".
When moving a house to one side of 2 x 16p lots and living in this house it would be classed as your P.P.O.R.
What happens if you then sell the vacant block?? Is it affected by Capital gains tax.
If so, I would appreciate some info on how to avoid the C.G.T.
Many Thanks
I am looking for more details regarding the tax law "principle place of residence".
When moving a house to one side of 2 x 16p lots and living in this house it would be classed as your P.P.O.R.
What happens if you then sell the vacant block?? Is it affected by Capital gains tax.
If so, I would appreciate some info on how to avoid the C.G.T.
Many Thanks
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