Chapter 22 - CGT - Reliefs for individuals

Question 1

What PPR relief does someone get when they have lived in the property for the whole ownership period?

Answer 1

Gain exempt

Question 2

What PPR relief does someone get when they have lived in the property for part of the ownership period?

Answer 2

PPR Exemption is

Gain x (occupation) / (period of ownership)

Question 3

Look at the notes

Answer 3

Ok