Any arrangements now in place between HM Revenue & Customs and the House of Commons Parliamentary Fees Office in order to prevent Members of Parliament from nominating a single property as both their second home when claiming the additional costs allowance, and their main residence for Capital Gains Tax purposes when selling; and if any, the date on which those arrangements came into effect.
The ability to nominate a property as an individual's main residence for the purposes of private residence relief from Capital Gains Tax is legislated for and applies to all taxpayers not only Members of Parliament. A Member of Parliament can have a second home which they use for necessary overnight stays when performing Parliamentary duties in London or their constituency in relation to which they can claim related expenses which are exempt from tax under specific legislation. That same home could legitimately be nominated as the main residence for Capital Gains Tax purposes, depending on individual circumstances.
Consequently there are no arrangements relating to this matter between HMRC and the House of Commons Parliamentary Fees Office.
