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Posted Thu, 01 Aug 2024 13:23:19 GMT by Anon2345
Hello, My partner and I (unmarried), owned a home together as tenants in common. Unfortunately, my partner passed away earlier this year. The property has always been my primary residence and was their primary residence prior to their passing. If I were to inherit their share of the property via a deed of variation during the probate process, would I be liable for capital gains tax further down the line if I were to remain in the property as my primary residence but sell it at a later date? Thanks
Posted Fri, 09 Aug 2024 10:46:30 GMT by HMRC Admin 25 Response
Hi 
No, as the property will be your main resident for the whole period of ownership, private residence relief would cancel out any gain
No tax would be payable.
Thank you 

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