Main Residence Exemption

The CGT exemption when you sell your principal place of residence.

The main residence exemption fully removes capital gains tax on the sale of your principal place of residence, provided the property was your main home for the whole ownership period. Partial exemption applies if the property was your home for only part of the period or was partly used to produce income (e.g. home office, granny flat rented out). The exemption applies per couple, not per person.