L LoTax Guest 21 Jun 2007 #1 There is relief on Capital Gains Tax ( CGT ) on the sale of your principal residence ( PPR) . Does this relief still apply if after the sale of your PPR you do not purchase another house to use as your PPR .
There is relief on Capital Gains Tax ( CGT ) on the sale of your principal residence ( PPR) . Does this relief still apply if after the sale of your PPR you do not purchase another house to use as your PPR .
C ClubMan Registered User Messages 49,232 21 Jun 2007 #2 Yes. As long as the property was never rented out any gain is CGT exempt.