Main Residence Relief

TCGA 1992, ss. 222 – 226B contain a relief (which in this discussion we shall call ‘MRR’) from CGT on disposals:

‘… of, or of an interest in -

(a)a dwelling-house or part of a dwelling-house which is, or has at any time in his period of ownership been, his only or main residence, or

(b)land which he has for his own occupation and enjoyment with that residence as its garden or grounds up to the permitted area. ’

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