We explain lettings relief in plain English, handle it correctly, and make sure you claim every relief you are entitled to, all at a fixed fee.
Lettings Relief
Lettings relief can reduce the Capital Gains Tax when you sell a property you have both lived in as your main home and let out, but the rules were tightened so it now generally only applies where you shared occupancy with your tenant.
We check whether lettings relief applies to your sale under the current, narrower rules, calculate it alongside Private Residence Relief, and make sure you claim every reduction you are entitled to on a property you have lived in and let.
Since the rules changed, lettings relief usually only applies where you lived in the property at the same time as your tenant, so many owners who expected it no longer qualify, making an accurate check essential.
The Detail That Matters
Lettings relief can reduce the Capital Gains Tax when you sell a property you have both lived in and let out, but the rules were tightened so it now generally applies only where you shared occupancy with your tenant. An accurate check is essential.
Where it applies, lettings relief reduces the taxable gain on a property that has been both your main home and let, on top of Private Residence Relief, up to a capped amount.
Since April 2020, lettings relief generally only applies where you lived in the property at the same time as your tenant (shared occupancy). Many owners who let a former home after moving out no longer qualify.
Because so many now expect the old, more generous relief, an accurate check against the current rules is essential, to avoid both over-claiming and missing a genuine entitlement.
Where lettings relief applies, we calculate it alongside Private Residence Relief, the final-period exemption and both annual exemptions, to minimise the CGT as far as the rules allow.
Many owners still expect the old, generous lettings relief that was tightened in 2020, and either over-claim (inviting challenge) or miss out; only a check against the current shared-occupancy rule gives the right answer.
Key Figures
How We Help
We check whether you qualify for lettings relief under the current rules, which generally require shared occupancy with your tenant.
Where it applies, we calculate lettings relief alongside Private Residence Relief so your taxable gain is reduced as far as possible.
We use lettings relief, the final-period exemption and both annual exemptions to minimise the Capital Gains Tax on your sale.
All the forms, calculations and correspondence handled on your behalf, so you never have to decode HMRC's rules or sit on hold.
A clear fixed fee quoted after a free call, your position explained in plain English, and never a surprise bill.
We act quickly, and where earlier years are involved we put those right too, reclaiming refunds or minimising penalties.
Many owners still expect the old, generous lettings relief, which was tightened, and either over-claim or miss out. An accurate check against the current rules is what protects you, and we do it.
Recent Client Outcome
An owner selling a former home they had let assumed the old lettings relief still applied in full.
What we did. We checked the current rules, confirmed the period they had lived alongside a lodger qualified, and calculated lettings relief on that basis alongside Private Residence Relief.
The outcome. The relief was applied correctly and defensibly for the qualifying shared-occupancy period, reducing the CGT while keeping the claim safe.
Checking against the tightened rules, rather than assuming the old relief, gave a correct claim that reduced the tax without risk.
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