From the First Tier Tribunal

CGT private residence exemption

Once again, the First Tier Tribunal has been asked to consider whether a dwellinghouse was the taxpayer’s principal private residence. And, once again, the taxpayer failed to convince the Tribunal that brief physical presence had the quality of ‘residence’, so as to enable the exemption under s222 TCGA 1992 to be claimed Moore v HMRC (2010) UK FTT 445.