PRIVATE RESIDENCE RELIEF - 20.02.2020

Maximising relief on clients’ property sales

A new client has come to you for advice about a property he has sold. He lived in it on and off during the ownership period, although there was a delay in initially completing the exchange. He had other properties that he has occupied as his home as well. You believe some private residence relief (PRR) will be due. How should you approach quantifying this?

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