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CGT Property Working Abroad and Returning to live in Primary Residence

Answer
Alistair Beattie
Posted Wed, 10 Apr 2024 06:42:20 GMT by Alistair Beattie
Bought house 1996 - lived in as PPP until 2011. Was seconded to Netherlands by my UK employer. Moved to NL 2012. Lived NL until 2022. Moved back to UK and now living in PPP again. It is my understanding that I am eligible for CGT Relief as I was seconded abroad. My situation now is that I would like to buy another house in the UK and rent out my current PPP My question is do I lose all the previous CGT exemptions? If so, do I lose them immediately or progressively?
HMRC Admin 25 Response
Posted Thu, 18 Apr 2024 16:31:23 GMT by HMRC Admin 25 Response
Hi Alistair Beattie,
Please refer to guidance here:
HS283 Private Residence Relief (2024) Updated 6 April 2024
Thank you.

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