To obtain complete exemption from CGT under the private residence provisions (see ¶15500), the house must have been the individual’s only or main residence throughout the ‘period of ownership’, except for the whole or any part of the last nine months of ownership.

The final period exemption was reduced from 18 months to 9 months with effect for disposals made on or after 6 April 2020. There is an exception for individuals who are disabled or in a care home and with no other property who are entitled to a 36-month final period exemption.

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