CG64716 | Private residence relief: letting: spouses, civil partners, trustees and dependent relatives

If spouses or civil partners are joint owners of a dwelling-house they are to be treated in exactly the same way as any other individuals who are joint owners. Lettings relief under s223B TCGA92 (or s223(4) TCGA92 where the disposal was before 6 April 2020) is to be computed separately on their individual gains. See the example at CG64738.

Where you are considering the ownership position at the date of separation or divorce or dissolution of the civil partnership you should follow the guidance at CG65310+.

Trustees

Lettings relief applies with appropriate adaptations to a gain accruing to trustees of a settlement where the dwelling-house has been occupied by a life tenant or other beneficiary, see CG65400+, and has at some time been wholly or partly let.

Dependent relatives

Lettings relief, see CG64710+, may also be available in respect of a dwelling-house which qualifies for private residence relief because it has been the residence of a dependent relative, see CG65550+.