Skip to main content

beta This is a new service – your feedback will help us to improve it.

CGT Do you pay if you've spent time in prison?

Answer
ewins598 Ewins
Posted Sun, 01 Dec 2024 11:34:35 GMT by ewins598 Ewins
My son has spent the past fifteen months in prison and he and his ex is selling the family home. Will he be liable for CGT as he has not spent the past fifteen months in his home and has lived with us for a year prior to this?
Answer
HMRC Admin 34 Response
Posted Wed, 04 Dec 2024 15:06:44 GMT by HMRC Admin 34 Response
Hi,
Please refer to guidance at:
CG65046 - Private residence relief: periods of absence: conditions
Thank you

You must be signed in to post in this forum.