We sort your Self Assessment for you. £169, all in.

Fast, effortless and 100% online.  Learn more

We sort your Self Assessment for you. £169, all in.

Private residence relief

  • 1 min read

The private residence relief is a Capital Gains Tax relief that you get when you sell your home if it was your main home for the entire time you owned it.

You also need to fit these criteria to qualify:

  • You have not rented it out (doesn’t count if you just rented a room to one tenant – you can still get the relief in this case)
  • You didn’t use a part of it only for business
  • The total area is less than an acre
  • You didn’t buy it just to make a profit (basically it wasn’t an “investment property”)

If you qualify, you don’t need to pay any Capital Gains Tax at all when you sell your home. Whatever profit you make is entirely tax-free.

You also don’t need to claim this relief – you should get it automatically.

TaxScouts Newsletter

Want regular tips from us?

Sign up for important updates, deadline reminders and basic tax hacks sent straight to your inbox.

"*" indicates required fields

This field is for validation purposes and should be left unchanged.