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Private residence relief (PRR) is a relief from capital gains tax on gains arising on the sale of a taxpayer’s only, or main, home. If a taxpayer has more than one property, one should be nominated as the main home. For a taxpayer who has spent time away from his home, PRR may be available subject to certain conditions being met. In April 2014 this final period exemption was reduced to 18 months from three years, subject to certain special cases.