CGT on former care home resident

Hello HMRC CGT After going into care how long does the principal private residence relief apply on the sale of their former home. Is the date of going into care based on the first day in the care home or based on when the care home resident is deemed that they are now a longterm resident eg 6 weeks or based on how long the GP said they need before a recovery is no konger likely What happens after the resident nolonger qualifies for PPRR, do there previous years of living in their home count? regards Neil some other

Hi,

The principle Private Residence Relief still applies for 36 months after going into care and it is the date from which they enter the care home that applies. See further guidance at:

Private Residence Relief (Self Assessment helpsheet HS283)

Thank you.

Hello hmrc CGT thank you for the link, i also had a lookat the Capitalmgains tax pages PrincipaL private resident relief after moving in to care home resident over 36 months ago. If a a property is sold after being in care for more than 36 months is PPRR totaly lost after 36 months. This was my aunts only home for 40+ years Or is it that any period of ownership after 36 months that fraction willnot qualify for PPRR? thankyou Neil

Hi Neil Wightman,

You will be due PRR for the period your aunt lived in the property, plus 36 months once she moved into the care home.
Any period afer the 36 months is then liable to Capital Gains Tax.

Thank you.