Tax & the Family Home - A Bite-Sized Update

Introduction

This short webinar will look in detail at the main capital tax issues concerning the family home, covering everything from acquisition, sale and all points in between, including lifetime gifts and bequests in wills.

If you advise private clients on their family homes, then you will need to have a good appreciation of the CGT and IHT rules and how these two taxes interact with each other.

There are many traps for the unwary and, if you know where to look, quite a few beneficial rules.

What You Will Learn

This webinar will cover the following:

• Update on changes to the CGT regime
• The mechanics of the CGT principal private residence relief (‘PPR’)
• The circumstances in which PPR can be denied or restricted
• What happens if the main home is rented out - how does that affect PPR?
• Why working from home may affect your PPR
• Recent cases on PPR
• Update on recent SDLT changes, such as increased surcharges, and latest cases on avoidance
• What you need to know about the introduction of the Mansion Tax (High Value Council Tax Surcharge)
• The main IHT rules relating to family homes
• Restriction of APR and the effect on farmhouses, including consideration of the latest announced increase in the APR threshold
• How to give away the home and avoid a reservation of benefit
• How does the IHT main residence relief work?
• Are trusts still useful for IHT planning for family homes?
• Alternative vehicles for main home planning - family investment companies, family limited partnerships and fractional ownership (Hansard arrangements)

This pre-recorded webinar will be available to view from Thursday 20th August 2026

Alternatively, you can gain access to this webinar and 2,100+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.