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Nominating a property

FWD
Posted Wed, 20 Dec 2023 18:12:14 GMT by FWD
I have owned my house for 20 years. For the last 8 years I have lived with my girlfriend in her own house. My younger brother continued to live in my house rent free. I have now sold my own house. I believe that I can nominate my old home as my main residence for CGT purposes. Is my understanding correct, and if so, do I get full relief for the entire 20 years ?
HMRC Admin 21 Response
Posted Tue, 02 Jan 2024 10:55:51 GMT by HMRC Admin 21 Response
Hi FWD,
You need to nominate within 2 years of the change and as you are outwith this, full residence relief will not apply - Capital Gains Manual
Thank you.

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