ACCA Taxation F6 Practice Exam 2026 – Complete Study Resource

Question: 1 / 400

The maximum amount eligible for letting relief is?

£50,000

£40,000

Letting relief is a relief from capital gains tax available to individual landlords who rent out a portion of their main home. The correct maximum amount eligible for letting relief is indeed £40,000.

This relief applies when you have occupied the property as your main residence and then later let it out. The relief is especially beneficial for individuals who have lived in the property at some point during their ownership and then rented it. For married couples and civil partners, the relief can be doubled, providing a maximum of £80,000.

Understanding this relief is crucial for individuals who are landlords, as it can significantly reduce their capital gains tax obligations when they sell the property. The other amounts listed are incorrect as the limits for letting relief do not exceed £40,000 for individual claims, aligning with the parameters set by tax legislation.

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£30,000

£25,000

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