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Ask the Tutor ACCA TX-UK

Principal private residence relief

SShiham9y ago
Dear Sir, Reference to the subject, if I bought a house in UK 2005 Jan but i'm working in abroad as an example for 10 years and 2015 Jan i sold out the house, so kindly clarify this question to me?
TTTax Tutor9y ago#1
You must have actually lived in the property prior to going to work abroad for the period to be treated as deemed occupation. You are not required to return to the property prior to sale so long as you are still employed overseas
TTTax Tutor9y ago#2
Not possible to claim the 3 years for any reason for that final period as Ken did not live in the property after that period and prior to the sale
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