Christine

Me and my partner purchased my parents home (house 1) some years ago (around 2008). At the time, we were renting. In 2020, we bought our current home, which at that point became our main residence (house 2). Both my parents have now passed, and I am trying to understand how CGT will be charged. While House 1 is now my second home, it was my sole property until the purchase of House 2, so is CGT still calculated from the time of purchase, even though it hasn't been a second home for the entire period? Any clarification would be appreciated.