Relief on sale of seaside guest house
Relief on sale of seaside guest house
- 1990
- Times 10/5/90 p38 .
In Owen v Elliott (Inspector of Taxes) , CA 27 April 1990, it was held that a gain on the sale of a private residence used in part as a seaside guest house qualified for the relief from capital gains tax given by Finance Act 1980 s80 .
CAPITAL GAINS TAX
EXEMPTION
PRIVATE RESIDENCE EXEMPTION
RESIDENTIAL PROPERTY
In Owen v Elliott (Inspector of Taxes) , CA 27 April 1990, it was held that a gain on the sale of a private residence used in part as a seaside guest house qualified for the relief from capital gains tax given by Finance Act 1980 s80 .
CAPITAL GAINS TAX
EXEMPTION
PRIVATE RESIDENCE EXEMPTION
RESIDENTIAL PROPERTY