CG64650 - Private residence relief: non-residential use and letting: introduction
S222(1)(a) TCGA92 sets out that relief is available in respect of a disposal of a dwelling-house or part of a dwelling-house which has been used as the individual바카라 사이트™s only or main residence at some time during their period of ownership. Relief is not available under s222(1)(a) TCGA92 for any part of the dwelling-house which has never been so used.
S224(1) TCGA92
There is also a specific exclusion from relief resulting from S224(1) TCGA92 for any part of the dwelling-house which has been used exclusively for a trade or for similar purposes, see CG64660+.
S224(2) TCGA92
Furthermore, S224(2) TCGA92 sets out that if there has been a change in the use of some part of the dwelling-house during the period of ownership, the relief is adjusted accordingly see CG64760+.
This section explains what relief is due when some or all of the dwelling-house has been:
· used for a trade, business, profession or vocation, see CG64660+
· used for an office or employment, see CG64690
· used by a lodger or let, see CG64700+
· unused, see CG64750.