Angela Rayner

[denso13]

If AR believed she was entitled to PRR, would there have been anything at all that she signed or declared to that effect?

No, not that I know of.

 

[JonathanM]

I think this one has run its course.

which is why the story wont go away

Make your mind up!

 

[JonathanM]

No, not that I know of.

If so, then she's not made any sort of false declaration.

 

[carmanmemoranda]

The police said on first investigation there was nothing to answer. It could be a few thousand at worst. Given the billions that this government have wasted it is ridiculous waste of time and resource..

Not for the squirrel hunters

 

[motorbiking]

Those rules were published after Angela's memory lapse.

The police said on first investigation there was nothing to answer. It could be a few thousand at worst. Given the billions that this government have wasted it is ridiculous waste of time and resource..

plod don't prosecute tax evasion.
Angela's memory is irrelevant - property sale was 2015 not 2009 - 20 year limit

gassy 1 notch nil

 

[motorbiking]

It's so long ago since I sold a house that I can't remember the process. But it seems that if you sell your main home you don't need to complete any sort of form.



If AR believed she was entitled to PRR, would there have been anything at all that she signed or declared to that effect?

none of that is relevant to selling your home.

She also denies renting the property out, you cannot claim tax relief on tax you have not paid,...well you could try.

 

[motorbiking]

If so, then she's not made any sort of false declaration.

she has not made a false declaration as far as we know... its failure to notify.

HMRC are more forgiving on people who tell them they owe some tax, but get the amount wrong.
They are less impressed with people who fail to tell them they owe some tax, because they didn't understand the rules.

 

[JonathanM]

none of that is relevant to selling your home.

She also denies renting the property out, you cannot claim tax relief on tax you have not paid, well you could try.

Can you please just explain simply the rules for somebody who sells their main home and is entitled to PRR. You know this stuff and I don't. What forms and declarations do you have to make as regards CGT if it is your main home and is fully covered by PRR?

 

[JonathanM]

you cannot claim tax relief on tax you have not paid

Is anyone claiming that she has done that?

 

[JonathanM]

she has not made a false declaration as far as we know... its failure to notify.

HMRC are more forgiving on people who tell them they owe some tax, but get the amount wrong.
They are less impressed with people who fail to tell them they owe some tax, because they didn't understand the rules.

So, just to be clear, as far as we know, this is not a case of somebody going out of her way to deceive HMRC e.g. she's never actually signed something claiming the property was her main residence.

 

[motorbiking]

When she sold her house her failure to notify was exactly that.

here is how you work it out..

PRR is not relevant to selling your home. It's relevant to selling a house that is not your home anymore

When you sell a property that is not your main home you get various allowances:

`here is a quick cut and paste from one I did recently. The calculations may be wrong, because I changes some key data.

 

[motorbiking]

In the above case the PRR is 3 years + 9 months

 

[Notch7]

plod don't prosecute tax evasion.
Angela's memory is irrelevant - property sale was 2015 not 2009 - 20 year limit

gassy 1 notch nil

4 year limit

 

[Notch7]

When she sold her house her failure to notify was exactly that.

Mistake

4 year limit

 

[JonathanM]

PRR is not relevant to selling your home

Surely, it's very relevant? Hundreds of thousands of people sell their main home every year and the reason they don't pay any CGT is because of PRR. Isn't that true?