Main residences
Slevin, K.
Main residences - 1991 - Taxation 126 (3293) 14 March 1991, 640-641 (2) .
Principal private residence exemption under Finance Act 1980 s80 covering a gain of up to £20,000 is available for taxpayers entitled to relief under Capital Gains Tax Act 1979 s101 and 102 . Where property is owned jointly by both spouses, maximum relief may be available of up to £40,000.
CAPITAL GAINS TAX
EXEMPTION
PRIVATE RESIDENCE EXEMPTION
RESIDENTIAL PROPERTY
Main residences - 1991 - Taxation 126 (3293) 14 March 1991, 640-641 (2) .
Principal private residence exemption under Finance Act 1980 s80 covering a gain of up to £20,000 is available for taxpayers entitled to relief under Capital Gains Tax Act 1979 s101 and 102 . Where property is owned jointly by both spouses, maximum relief may be available of up to £40,000.
CAPITAL GAINS TAX
EXEMPTION
PRIVATE RESIDENCE EXEMPTION
RESIDENTIAL PROPERTY