Eghbal-Omidi v Revenue & Customs [2013] UKFTT 449 (TC) considered whether a charge of capital gains tax (CGT) should be exempt on the sale of a property based on the claim for Principal Private Residence Relief. Dr Omidi purchased the property jointly with a Mr D Mafi on 19 March 2007 for £1,250,000 and sold the property on 21 May 2007 for £1,800,000. The 2007/2008 return was submitted without details of the disposal of the property on the basis that it was subject to a claim for Principal Private Residence Relief under s222, of the Taxation of Chargeable Gains Act 1992 (TCGA).
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