Glossary · Property
Principal private residence relief
The Capital Gains Tax exemption when you sell your main home.
If the property was your main home for the whole time you owned it, the gain is exempt. Otherwise relief is shared out by the time it was your home, plus the final 12 months if you lived there at some point.
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Related terms
Principal private residence · Capital Gains Tax (CGT)
Source: Revenue: Principal Private Residence relief
All terms · General information, not tax advice.