Day 4. Capital Gains Tax

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

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.