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Part 1 U.K.Income tax, corporation tax and capital gains tax

Chargeable gainsU.K.

16Capital gains tax private residence relief: adult placement carersU.K.

(1)In section 223(8) of TCGA 1992 (amount of relief), before the “and” at the end of paragraph (a) insert—

(aa)section 225D (private residence of adult placement carer),.

(2)In section 224 of that Act (amount of relief: further provisions), insert at the end—

(4)This section is subject to section 225D (private residence of adult placement carer).

(3)In that Act, after section 225C insert—

225DPrivate residence of adult placement carer

(1)This section applies where a gain to which section 222 applies accrues to an individual (“A”) and, at any time during A's period of ownership, part of the dwelling-house was occupied by another person (“B”)—

(a)in England and Wales, pursuant to an adult placement scheme,

(b)in Scotland, pursuant to arrangements which constitute or form part of an adult placement service involving the provision of accommodation for B, or

(c)in Northern Ireland, pursuant to arrangements made with an adult placement agency for the provision of accommodation for B.

(2)For the purposes of this Part, in determining the periods during which the dwelling-house, or any part of the dwelling-house, was A's only or main residence, B's occupation of part of the dwelling-house pursuant to the scheme or arrangement is to be disregarded.

(3)For the purposes of section 224, the occupation of the part of the dwelling-house by B pursuant to the scheme or arrangement does not amount to the use of that part of the dwelling-house by A exclusively for the purpose of a trade, business, profession or vocation.

(4)In this section—

(4)The amendments made by this section have effect in relation to disposals made on or after 9 December 2009.

(5)Until the coming into force of paragraph 11 of schedule 12 to the Public Services Reform (Scotland) Act 2010, the reference to that provision in section 225D(4) of TCGA 1992 is to section 2(16) of the Regulation of Care (Scotland) Act 2001.