This session provides a comprehensive refresher on the terms of the relief for the disposal of an individual’s home and some of the areas of complexity associated with these disposals. This is a key risk area since the requirement to report and pay tax on gains within 60 days was introduced.
In this session, Rebecca Benneyworth covers:
- PPR – the main requirements;
- Periods of deemed occupation
- Multiple residences and the election
- Divorce and separation – advising clients
- Practical issues – assembling evidence
During the last two years, this has become a 100% digital practice. She is Chair of the HMRC Digital Advisory Group, providing help and support to HMRC in understanding the challenges that Making Tax Digital presents to small businesses and their advisers.
She is also a member of the Admin Burdens Advisory Board, an independent advisory group to HMRC monitoring the burdens which the tax system imposes on businesses.