Syllabus D6. The use of exemptions and reliefs in deferring and minimisin

Syllabus D6

The use of exemptions and reliefs in deferring and minimisin ^{6 / 6}

a) Principal private residence (PPR) relief
i) outline the rules governing PPR
ii) explain and calculate the exemption
iii) explain and calculate the relief for absences
iv) explain and calculate the letting relief.
b) Gift relief
i) outline availability
ii) explain and calculate the relief
iii) calculate the restriction as a result of a sale at undervalue.
c) Roll-over relief
i) outline availability
ii) explain and calculate the relief
iii) calculate the relief available on the partial reinvestment of sale proceeds
iv) depreciating assets.
d) Explain and apply entrepreneurs’ relief as it applies to individuals.