Exemption from capital gains on sale of habitual home for severely dependent persons
Technical details
Summary
The consultant, with severe dependency, asks whether selling their home to buy an adapted one is exempt from income tax. The DGT responds that the gain will be exempt if the property is their habitual residence at the time of sale.
In 6 key points
How it affects those involved
Severely dependent individuals may exempt capital gains from income tax when selling their habitual home to purchase an adapted one.