Principal private residence relief | Practical Law

Principal private residence relief | Practical Law

Principal private residence relief

Principal private residence relief

Practical Law UK Glossary 4-107-7044 (Approx. 4 pages)

Glossary

Principal private residence relief

Principal private residence relief (PPR) (sometimes referred to as private residence relief (PRR) or main residence relief) is a relief from capital gains tax (CGT) on the disposal of an individual's only or main residence.
For more information on principal private residence relief, see Practice note, Capital gains tax: principal private residence relief: overview.