PRR - CGT Implications

Hi, My brother and I both a property in 2013, it has been our main residences ever since. I am planning to sell my share of the property which is around 50% to my brother. As this has always been our main residence, would I need to pay CGT on gains or will I qualify for PRR. Kind Regards, Nirav Shah

Hi,
As the property was your main residence for your entire period of ownership, you can claim Private Resident Relief to offset any gain, meaning no Capital Gains Tax is payable.  
You can see guidance here:
HS283 Private Residence Relief (2024)
If there is no gain arising from the property disposal, there is nothing to report to us.
Thank you.