Hi all .
Have a house bought in 2012 as holiday home .. then returned to Ireland from UK and became PPR from 2022.
Hope to Sell in 2027 so 15 years owned .
So does
The 7 year( 604A) relief apply from 2012 to 2019 .
Then PPM relief for 5 years from 2022 to 2027 ..
AI gave different answers based on the 200k total gain .. from other posts where overlapped periods but in my case are 2 non overlapped periods move consecutive periods .
Hope that makes sense
Any help much appreciated.
Jack
Have a house bought in 2012 as holiday home .. then returned to Ireland from UK and became PPR from 2022.
Hope to Sell in 2027 so 15 years owned .
So does
The 7 year( 604A) relief apply from 2012 to 2019 .
Then PPM relief for 5 years from 2022 to 2027 ..
AI gave different answers based on the 200k total gain .. from other posts where overlapped periods but in my case are 2 non overlapped periods move consecutive periods .
Hope that makes sense
Any help much appreciated.
Jack