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Capital gains tax

Posted Sat, 05 Aug 2023 13:35:21 GMT by
I have two properties,one is the main family home, the other we have used as a holiday home for family use only.I am considering moving into the holiday property and selling the main home. What capital gains tax do I have to pay.
HMRC Admin 25 Response
Posted Thu, 10 Aug 2023 07:14:42 GMT by HMRC Admin 25 Response
Hi Kathleen Mcloughlin,
As you have two homes, you need to confirm to HMRC which one is the main home for CG purposes.
Please see guidance here: 
CG64485 - Private residence relief: only or main residence: two or more residences: right of nomination
Thank you. 

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