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.

Hi, My husband owned a property for 18years or which he lived in it for 10years prior to marriage and it was then let out. It was vacant for the last 12months and the sold. Does he get PRR for the 10years he lived in it? Thanks

Hi Megz,
Please refer to guidance here:
HS283 Private Residence Relief (2024)
Thank you.