SCHEDULES

SCHEDULE 22Chargeable gains: private residence relief

Amount of relief

2

1

Section 223 of the Taxation of Chargeable Gains Act 1992 is amended as follows.

2

In subsection (4) (dwelling-house let as residential accommodation) in paragraph (a), omit the unnecessary words “or those provisions as applied by section 225”.

3

After subsection (7) insert—

8

This section is subject to—

a

section 224 (amount of relief: further provisions), and

b

section 226A (private residence relief: cases where relief obtained under section 260).