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This recently published FB2019/20 makes a number of changes to Capital Gains Tax private residence relief (PRR).
The changes are as follows:
These changes had already been. announced at Budget 2018 and FB2019/20 sets out the draft legislation.
The changes apply from April 2020 other than the changes to job related accommodation which will apply when the relevant regulations bring the Income Tax exemption into force.
Our other notes
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