188体育

The content in this manual covers a much higher level of detail compared to say a Helpsheet supporting the Self Assessment Tax Return.听If you are looking for an introduction to the main rules for the relief for a particular year, please see the听Private Residence Relief (Self Assessment helpsheet HS283)听on 188体育 and select the year you are considering.

Private residence relief is given by听s222听TCGA92听to听s226听TCGA92.听The purpose听of the relief is to enable a person to replace their existing home with another home of similar value by ensuring that the proceeds of sale of the old home are not diminished by a charge to Capital Gains Tax. So in most cases the gain arising on the disposal of a person's home is relieved from Capital Gains Tax.听

Private residence relief is available where a gain arises from the disposal of an interest in听

• dwelling-house, or听
• part of a听dwelling-house听

which has at some time been its owner鈥檚 only or main residence, by听s222听(1)(a),听TCGA92 (see鈥�CG64230+),鈥痮r听

• the garden or grounds of that residence up to the permitted area, by听s222听(1)(b),听TCGA92 (see鈥�CG64350+).听

A residence which is outside the United Kingdom may qualify for relief if the conditions in this guidance are met.听

The garden or grounds includes the buildings standing on that land, see听s288听TCGA92. So a building which is not part of the听dwelling-house听can still qualify for relief if it is within the permitted area of garden or grounds.听