• Farrell & Farrell

Changes from April 2020 for PPR relief

A number of changes have previously been announced and just recently draft legislation has been published which from April 2020 would (i) reduce the final exemption period from 18 months to 9 months, (ii) restrict lettings relief to only be available where there is a shared occupancy with a tenant and the owners and (iii) alter the rules on transfers between spouses.


Perhaps it is timely to review your situation and to consider the impact these changes will have on any disposal of a property.



0 views

Recent Posts

See All

35 Main Street
Hilltown
Newry
County Down
BT34 5UJ

Tel:      028 4063 0876

Fax:     028 4063 2648

Email:  info@farrellca.com

  • Facebook - Black Circle
  • Twitter - Black Circle
  • LinkedIn - Black Circle

Farrell & Farrell CA Limited (trading as Farrell & Farrell) is registered in NI with registration number NI 639336. Registered with The Chartered Institute of Taxation as a firm of Chartered Tax Advisers. Registered to carry on audit work and regulated for a range of investment business activities by Chartered Accountants Ireland (CAI). Details about our audit registration can be viewed at www.auditregister.org.uk under reference number 3044856.