Q&A: PPR tax relief on furnished holiday lets

In this week’s Q&A, Croner-i tax adviser Ibrahim Nalla explains the interaction between private residence relief and rollover relief on furnished holiday lets

My client is considering selling a furnished holiday let property, which he has been living in for the last year, and now wants to sell. What are the tax implications of a sale and are there any tax reliefs available.

The provisions of TCGA 1992 section 241 deal with all capital gains tax (CGT) provisions which apply to furnished holiday lets.

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