Page 11 - F6 Slides (CGT,TT,ET AND PT)

Apportionment for periods not ordinarily

resident in the primary residence

• An adjustment must be made when a person has occupied a

residence as his primary residence for only a part of the period of

ownership (after 1 October 2001).

• The capital gain or loss to be disregarded in these circumstances

must be determined with reference to the period during which the

person concerned was ordinarily resident in the residence.

• Certain periods of absence from the primary residence are deemed

as still being periods of primary residence

• Example 17.44. Interrupted residence