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Taxpayer was not trading in properties but was not entitled to private residence relief

By Mark McLaughlin, April 2022

Dwelling houses were not subject to income tax as part of a trade or venture in the nature of trade and gains on their sale were capital gains, but the appellant did not reside in job-related accommodation and the properties were not the appellant’s main residence, so he was not entitled to principal private residence relief on their disposal.

Summary

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