CGT Main Residence Relief Calculator

PPR relief exempts the gain on your main home from CGT. If you lived there the entire time, the full gain is exempt. If you lived there for only part of the ownership period, a proportion is exempt.

The final 9 months of ownership always qualify for PPR relief if the property was ever your main home, even if you've moved out. This was reduced from 18 months in April 2020.

From 30 October 2024, residential property gains are taxed at 18% (basic rate) or 24% (higher rate). The previous rates of 18%/28% no longer apply.

Yes. Since 27 October 2021, you must report and pay any CGT on UK residential property within 60 days of completion.

You can only have one main residence at a time. However, you may elect which property is your main residence if you own two. The election must be made within 2 years of acquiring the second property.

Letting relief is now only available if you lived in the property at the same time as the tenant (shared occupancy). Previously it could reduce gains by up to £40,000.

You cannot claim PPR on a property you inherited unless you lived in it as your main home. Any gain from the date of inheritance is potentially liable to CGT.

If part of your home was exclusively used for business (e.g. a dedicated office), that portion may not qualify for full PPR relief. Occasional home working doesn't affect PPR.

The annual exempt amount is £3,000 for 2025/26. This is unchanged from 2024/25, having been reduced from £6,000 in April 2024 and £12,300 in previous years.

Divide the qualifying months (months lived there plus the final 9 months, capped at total ownership) by the total ownership months. Multiply the gain by this fraction.

UK residents who sell an overseas property used as their main residence may claim PPR, but the calculation can be complex and non-resident periods affect the claim.

Spouses and civil partners can only have one joint main residence between them. On separation/divorce, special rules apply that may extend the PPR relief period.