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Period of ownership commenced when a new dwelling was built

By Mark McLaughlin, August 2022

The ‘period of ownership’ for principal private relief purposes was not the period between the acquisition of land (with a house which was demolished) on which a new house was built and the sale of the land with the house subsequently built, but was the period between when the newly-developed house was completed and the date of disposal.

Summary

The ‘period of ownership’ for principal private relief (PPR)

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