Council Levy charge- any tax relief?

M

micheller

Registered User
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Hi All,

Is there any tax relief available on the Council Levy contribution applied when you are building a house?

Many Thanks,
Michelle.
 
AFAIK if it is your PPR and I thing this is the question you are asking then no as you are exempt from CGT.

If you are building one off house for investment purposes, buying a property with a large site with the intension of building a house then the council levy can be offset against CGT but if you are building a house you are better off moving into the house making it your PPR thereby making it exempt from CGT but I digress slightly.
 
Okay, so the only available relief is CGT , which we'll be bypassing anyway as it will be our PPR. Am I correct?

Thanks for the help,
M.
 
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