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Tax question. My landlord wants to pay me to move out of my protected tenancy
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Legacy_user
Posts: 0 Newbie
This is my second attempt at asking this question
I know HMRC and CAB have help desks and I’m don’t advise saying I should stay. This is a tax question.
Here goes-
The new owner wants me to move out. I’m a protected tenant who has been in in my flat since before 15 jan 1989. I know all my rights so no advise needed in that respect.
What I want to know is, if I accept his generous offer to leave do I have to pay tax on it bearing in mind this is my principle residence. I am getting conflicting advice.
Many thanks in advance if you can help.
I know HMRC and CAB have help desks and I’m don’t advise saying I should stay. This is a tax question.
Here goes-
The new owner wants me to move out. I’m a protected tenant who has been in in my flat since before 15 jan 1989. I know all my rights so no advise needed in that respect.
What I want to know is, if I accept his generous offer to leave do I have to pay tax on it bearing in mind this is my principle residence. I am getting conflicting advice.
Many thanks in advance if you can help.
0
Comments
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Previous thread here
https://forums.moneysavingexpert.com/discussion/6019452/owner-wants-to-pay-sitting-tenant-to-move-out-tax-help-pleasePlease put out food and water for the birds and hedgehogs
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given you have a "regular" accountant you should pay them to advise you and stop trying to get it free on here0
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If you're selling a lease you on your only or main residence, you get PRR and are exempt from CGT .0
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