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STOP PRESS: The remittance basis is to be abolished from 6 April 2025, although this only applies to foreign income and gains arising on or after that date. The remittance basis rules still apply to unremitted income and gains arising before that date but remitted later. The legislation is included in Finance Bill 2025. For more details, see the Abolition of the remittance basis from 2025/26 guidance note.

Capital gains tax relief is available for gains on the disposal of a dwelling house which has been the taxpayer’s only or main residence. The mechanics of the relief and the occupation and deemed occupation periods are discussed in the Principal private residence relief ― basic principles guidance note. This guidance note discusses the implications of having more than one residence and the impact on the amount of the principal private residence (PPR) relief claim.

Where a married couple or civil partners are living together, the legislation states that they only have one main residence per couple and any nominations for the main