CG65592 - Private residence relief: dependent relative: husband and wife and civil partners
In January 1983 a husband buys a house which is occupied from
that date as the sole residence of his widowed mother. In January
1984 his wife buys a house which is occupied as the sole residence
of her aged father. In January 1988, following the death of her
father, the wife's house is sold. Relief is claimed and will exempt
the whole of the gain.
In January 1990 the husband's mother dies and his house is
sold in January 1992. His period of ownership is 9 years. His
mother occupied the house as a dependent relative for 7 years of
which 4 years cannot be claimed because relief has been given to
his wife. So relief is available for the remaining 3 years of the
husband's mother's occupation, 1983, 1988 and 1989, together with
the final 2 years of ownership (in accordance with TCGA 1992
section 223(1), and 5/9 of the gain on disposal is relieved.
