Private Residence Relief

Hi, I've question for the subjected matter: 1) I read the web site and it said "you have not used a part of your home exclusively for business purposes". So if I use part of my garage as warehouse. When I sell my house (my only and main house), can I still claim Private Residence Relief? 2) If I sell my only and main house and claim Private Residence Relief, when I buy another house later, can I still claim Private Residence Relief when I sell it later? Thanks!

Hi,

You would only be due partial relief as the garage has not been part of the private usage, please see:

HS283 Private Residence Relief (2024): 5. Calculating the gain where only partial relief is due

HMRC cannot comment on future events as legislatoin may change. based on current guidance, private residence relief would still apply on a future property that was your main residence.

Thank you.