Rayner’s House Improvements Don’t Add Up

The Times reports that Rayner will argue that renovations offset her capital gains tax liability on her right-to-buy council tax house’s profitable sale. This is a precautionary fallback line of argument that is a tacit admission that her original story for the last two months that it was her principal primary residence was – as commonsense and all the evidence from neighbours suggests – just not true.[…] Read the rest