- This topic has 2 replies, 2 voices, and was last updated 9 years ago by Tax Tutor.
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- September 3, 2015 at 10:20 am #269662
sir help me to solve this ques.
flint purchased house and moved on 1 july 1988.
he remained in flat until 1 oct 1990, when he accepted a year’s secondment to his firm’s new york office.
he returned uk in 1 oct 1991 and moved into relatives house until he returned to his own home on 31 jan 1992
on 1 july 2002 he changed jobs and rented a flat near employer’s office in newcastle.
here he remained until he sold house on 1 feb 2015.I did not understand the solution in book.
1oct 1990-31sep 1991 was exempt. but how ? it is not followed by actual occupation. again,
1oct1991-31 jan 1992 exempt. neither followed nor preceded.
1 july 2002 -july 2013 chargeable. how?September 3, 2015 at 10:52 am #269664again in another ques,
1 jan1993-31 dec 1994 lived in hose
1jan1995-30june 2001 employed overseas
1 july 2001-31dec 2006 travels the world
1jan 2007- 30 sep 2014 lived in house
in this question also from 1 jan 1995-30june 2001 fully exempt though not followed by actual occupation and 1 july 2001-31 dec 2006, 3 years exempt though not preceded by actual occupationSeptember 3, 2015 at 4:35 pm #269710The actual occupation need not be immediately following the employment overseas but at any point prior to the disposal of the property and the actual occupation prior to a period of absence again can be at any time prior to period of absence it does not have to have been immediately prior to that period.
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