A freeview 'At a glance' guide to Capital Gains Tax (CGT) relief on the disposal of your own home.

What is Private Residence Relief (PRR)? What are the qualifying conditions? How do you claim PRR?


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Suppose the owner of a family home settles it in a Discretionary Trust by conveyance for no consideration and ten years later, after payment of the tenth anniversary iht charge on the trust, the trust conveys ownership back to the original...

Suppose the owner of a family home settles it in a Discretionary Trust by conveyance for no consideration and ten years later, after payment of the tenth anniversary iht charge on the trust, the trust conveys ownership back to the original settlor again for no consideration is GGT payable? When the home was first conveyed to the trust its value was declared as below the nil rate band (around 250000) but is now around 350000 (the value stated for the tenth anniversary charge).

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If a property has been a main home and lived in for more than 90 days during the tax year before moving overseas and let out; can we still claim a full year's tax relief (PRR) for that year if the property is then sold or is PRR just for the time...

If a property has been a main home and lived in for more than 90 days during the tax year before moving overseas and let out; can we still claim a full year's tax relief (PRR) for that year if the property is then sold or is PRR just for the time we lived there plus the final 9 months?

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