CGT and PPR

[flatree]

Hi,
My wife and I sold a jointly-owned second property in January 2017. In the summer of 2014 we lived at the property for 5 weeks as our sole residence (hence our principal private residence) after selling our last main home and before buying our next main home. We can verify this period of residence. I know it's a very short time, but does this have an effect on our CGT now we have sold the second property? Thanks.

[darthblingbling]

Highly doubt you can claim temporary residency as PPR. HMRC need to see a high level of permanence and intent for PPR to apply

HMRC would see right through a PPR claim based on 1 month's occupation in my opinion.

[flatree]

Thanks, what I thought. It was not my intention to pull a fast one, but to understand the rules correctly.