Рет қаралды 3,320
You have your own house and you decide to sell. Why don't you pay any capital gains tax? Well here is your answer. This video explains what it is all about so you know what it is.
This video is going to cover the Principal Private Residence Relief and when you can apply this relief to your situation.
In this video you will discover:
What is Principal Private Residence (PPR) Relief?
Who it applies to?
When it applies?
What the rules are around the size of your property and garden are?
More detail can be found at HM Revenue and Customs here:
www.gov.uk/gov...
Thanks for tuning in to the video. And keep your eye out for our next video on this topic which will discover ways to make this work for you as a Property Investor.
If you know anyone who may find the property information helpful and useful then please share it with them too.
Subscribe to the channel and press the notifications button to ensure you keep up to date with the latest property tax and accounting videos.
If you need help from an accountant then check out
www.shapcotts-...
Check out my links at linktr.ee/Kimb...
DISCLAIMER: Please be advised that the content of my media is my personal opinion and is intended FOR GENERAL INFORMATION PURPOSES ONLY, not specific tax advice. Nothing herein shall be construed to be financial, legal or tax advice. The content of this video is solely the opinions of the speaker. Making decisions on your tax position and investment decision is your own and appropriate specific targeted advice from a qualified accountant or tax advisor should be sort. The speaker will not be held responsible for any losses or gains based on decisions made following watching this video. Always do your own research and seek advice from an appropriately qualified professional.
#property #propertytax #propertyinvestment #accountants #taxadvisor #shapcottsaccountants #believepropertyltd #PPR #PrincipalPrivateResidenceRelief #NoCGT #Landlord
Thanks to Applecore Productions for recording and editing support and guidance.
Music from:
Happy Upbeat Corporate | WORK by Alex-Productions | / @alexproductionsnocopy...
Music promoted by www.free-stock... Creative Commons Attribution 3.0 Unported License creativecommon...