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Letting relief

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Letting relief

  • This topic has 3 replies, 2 voices, and was last updated 3 years ago by AvatarJillyB.
Viewing 4 posts - 1 through 4 (of 4 total)
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    Posts
  • February 24, 2023 at 6:01 pm #679569
    Avatarmaximus07
    Participant
    • Topics: 446
    • Replies: 437
    • ☆☆☆☆

    If we are not at main residence and we have let it. However, our absence will be part of deemed period of occupation as we have (36 months or 3 years relief). We went back residence and sold.
    Will be letting relief on deemed period of occupation or it is necessary for us to be at residence physically?
    Thank you.

    February 25, 2023 at 1:16 pm #679592
    AvatarJillyB
    Keymaster
    • Topics: 0
    • Replies: 899
    • ☆☆☆☆

    If you are not resident then you cannot have letting relief at all. The rules have changed

    February 25, 2023 at 2:46 pm #679596
    Avatarmaximus07
    Participant
    • Topics: 446
    • Replies: 437
    • ☆☆☆☆

    Even if we have met any deemed period condition?
    And is this valid for march 2023 or june 2023 onwards?

    February 26, 2023 at 3:18 pm #679632
    AvatarJillyB
    Keymaster
    • Topics: 0
    • Replies: 899
    • ☆☆☆☆

    even if
    you must be in residence

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