Hi Alan, Can you clarify the following which relates to the sale of a rental property (house)
1. Client selling this rental property which was his PPR for 10 years (prior to moving to a new home) and rented out for 2 years before selling it – Can he claim PPR for the period in which he lived in it?
2. Regarding unused capital allowances, how should they be dealt with? The sale price was not specific to property / Fixtures etc so it is not possible to calculate balancing allowance/charge?