skip to navigationskip to main content

Tax Rates & Allowances

Back to Tax Rates & Allowances

Private Residences

Main residence relief (also known as ‘principal private residence’ relief (PPR)) provides relief from capital gains tax on the disposal of (or of an interest in) a dwelling which has been the individual’s only or main residence, and on land enjoyed with that residence as its garden or grounds up to half a hectare, or more if the additional land is required for the reasonable enjoyment of the property.

The relief is time apportioned for periods of occupation, and for certain periods of deemed occupation. In particular, relief for the final 9 month period of ownership is given, if the property was at some time the individual’s only or main residence.

Where two or more properties are owned, the taxpayer may elect, within certain time limits, which property is to be treated as his main residence.

Married couples and civil partners may have only one main residence at any time between them which qualifies for the relief.

Request a callback

Let us know and we will be happy to call you back.

Get in touch

Simple way to contact us. Just fill in a simple form.

Our services

Find out details about what we can do
for you.

Sign up for our newsletter