Mohammed owns two properties - a flat in Central London and a country cottage in Sussex. In
Question:
Mohammed owns two properties - a flat in Central London and a country cottage in Sussex. In general he lives in his London flat during the week and spends the weekends in his Sussex cottage. Which of his two properties will be regarded as his principal private residence?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
The principal private residence PPR exemption applies to the property that is considered to be the i...View the full answer
Answered By
Charles mwangi
I am a postgraduate in chemistry (Industrial chemistry with management),with writing experience for more than 3 years.I have specialized in content development,questions,term papers and assignments.Majoring in chemistry,information science,management,human resource management,accounting,business law,marketing,psychology,excl expert ,education and engineering.I have tutored in other different platforms where my DNA includes three key aspects i.e,quality papers,timely and free from any academic malpractices.I frequently engage clients in each and every step to ensure quality service delivery.This is to ensure sustainability of the tutoring aspects as well as the credibility of the platform.
4.30+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Mohammed owns two properties - a flat in Central London and a country cottage in Sussex. In general he lives in his London flat during the week and spends the weekends in his Sussex cottage. Which of...
-
Discuss, with reference to legislation, (a) which deductions are available to Panda Flooring (Pty) Ltd in respect the costs incurred by the company for each of the floor sealants for the 2023 year of...
-
Explain the meaning of the terms emoluments, employments and office for the purposes of PAYE as you earn systems. 2. Explain the actual receipts basis of assessing the emoluments from the employment...
-
As manager of a local pizza parlor, you want to develop a balanced scorecard so you can more effectively monitor the restaurants performance. Required a. Propose at least two goals for each...
-
One stereoisomer of 1, 1, 3, 5-tetramethylcyclohexane is 15 kJ/mol (3.7 kcal/mol) less stable than the other. Indicate which isomer is the less stable, and identify the reason for its decreased...
-
In financial and scientific data analysis applications, such as in spotting trends in stocks, we are often interested in making sense of noisy or highly fluctuating data. One method to achieve this...
-
Use Eq. (7.7) and Fig. 7.1 to establish the details of how the separation of the rotors into the two classes in Eq. (7.10) works. Figure 7.1 Equation (7.7) Equation (7.10) 1 0.5 Case (1) o -0.5 -1...
-
Eximco Corporation (based in Champaign, Illinois) has a number of transactions with companies in the country of Mongagua, where the currency is the mong. On November 30, 2011, Eximco sold equipment...
-
Explain the role of the following types of data sources in the budget development process. a. Competitor research b. Customer or supplier research c. Declared commitments in areas of operation d....
-
On 1 June 1995, Alice bought a house in Derby for 45,000. - She occupied the h ouse as her PPR unti l 1 May 1997 when she left to work in Exeter, living in rented accommodation. - She returned to the...
-
On 1 April 1986, Allan bought a house for 29,000. He lived in the house until 31 October 2015 when he bought another house and made this his principal private residence. The house he had bought in...
-
Should economic stimulus by the Federal Reserve generate higher or lower earnings? Why may an expansionary monetary policy encourage investments in long-term financial assets?
-
QUESTION: Consider the Canadian healthcare system. What occurs when everyone has health insurance and access to care? BACKGROUND: The Canadian Health Care System: Each developed country in the world...
-
Given U [1 2] 1 - a 7 compute 1. 2U 2. 2U-V 3. UV Q2 (2 pt): Given A E R21000, BER10003, CER. Compute the following matrix dimensions. (Please show steps. If they can't be computed, clearly state the...
-
Write the one proper statement under B that characterises each expression under A. A 1. noisy crw 2. scarecrow 3. the crow 4. crowlike 5. crows Question 2 Write th B compound noun root morpheme plus...
-
A football is kicked off at 40 degrees to the field at a velocity of 24 m/s. What is the range of the kick? Show steps.
-
Fluffy Friends Company had a profit before taxes of $100,000 in April. The tax bracket for the company is 24% for federal taxes. The accounting period for April ended on April 30th. The next...
-
In the two-sphere arrangement of Figure, assume that sphere t has a mass of 50 g and an initial height of h1 = 9.0cm, and that sphere 2 has a mass of 85 g. After sphere 1 is released and collides...
-
Currently, there are five concepts of food stands, including: hot dogs, soft pretzels, turkey legs, sandwich wraps, and funnel cakes. This approach will double the existing number of food stands...
-
Kim lives in a house provided by her employer. The house cost her employer 246,500 in 2018 and a further 28,500 was spent on improvements in 2019. The house has a gross rateable value of 3,700 and it...
-
Adam has the following four loans from his employer: (a) A 96,000 loan at interest of 1% p.a. to enable Adam to buy his own home. (b) An interest-free season ticket loan of 10,000. (c) A 15,000...
-
Throughout 2020-21, Miranda is provided with a petrol-engined motor car (113g/km) which was first registered in 2019. Her employer pays all running costs. The cost of the petrol used for private...
-
During a long jump Olympic champion Carl Lewis's center of mass rose 1.2 m from the launch point to the top of the arc. What minimum speed u; did he need at launch if he was traveling at 6.4 m/s at...
-
The electric field at the point = 4.87 cm and y = 0 points in the positive points in the positive 21.6cm direction with a magnitude of 11.2 N/C. At the point = 11.8 cm and y direction with a...
-
1. Compare and contrast the uses and relative advantages of X-rays, ultrasound, gamma camera and MRI in examining internal structures. 2. Evaluate the hazards of X-rays, ultrasound, gamma camera and...
Study smarter with the SolutionInn App