CGT exemption for 77 year old.

D

Dodger

Registered User
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Can anyone advise please.Is there a CGT tax exemption if I sell my second property which was my original home and use the funds for my pension.
 
You should get relief in respect of the time that it was your PPR.
See example #2 here:

Principal Private Residence (PPR) Relief

This page outlines Principal Private Residence (PPR) Relief
www.revenue.ie www.revenue.ie
There are no special CGT exemptions/allowances attributable to your age or because you are going to use the proceeds for your pension (not siure if you mean you are going to live off the money in retirement or you are going to invest it via a pension - but it's most likely moot anyway).
 
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