Beta This part of GOV.UK is being rebuilt – find out what this means

HMRC internal manual

Capital Gains Manual

From
HM Revenue & Customs
Updated
, see all updates

Restriction of private residence relief: trustees: claim for gift hold-over relief is revoked

TCGA92/S226A

Where

  • a claim for gift hold-over relief under TCGA92/S260 is made in relation to any earlier disposal, the latest of which was made on or after 10 December 2003

and

  • that claim for gift hold-over relief is made either before or after the making of a claim for private residence relief in respect of the later disposal

and

  • the claim for gift hold-over relief is revoked

TCGA92/S226A will apply as though the claim for gift hold-over relief had never been made (TCGA92/S226A (6)).