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Private residence exemption

Language: English Series: Inland Revenue Press Release ; 27 April 1994 (2)Publication details: 1994Subject(s): Summary: Employees relocated by their employers and who sell their homes to their employers rather than relocation agents are entitled to tax exemption from capital gains tax as long as they satisfy the conditions for the private residence exemption.

Employees relocated by their employers and who sell their homes to their employers rather than relocation agents are entitled to tax exemption from capital gains tax as long as they satisfy the conditions for the private residence exemption.