Is This House Your Principal Private Residence (PPR)?

Is This House Your Principal Private Residence (PPR)?

If a house is your PPR then you do not have to pay any tax when you sell it. However, if you own more than one house then the HM Revenue & Customs may question which house is your PPR. Good documentary evidence could clarify the position. This would include:...

Changes To Principal Private Residence Elections

Capital gains tax exemption can only be claimed on one of your private residences. Currently, if you own more than one property and occupy both as private residences (e.g. a holiday home which you use at weekends and another property which is occupied during the...