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Presumably this residence is their sole or main domestic residence?
They will be liable to CGT for the period of ownership against total ownership time and for the last 9 months of ownership they will be deemed to be in residence even if this is not the case and Private Residence Relief (PRR) extended.
Then they will be liable for GCT on part of their gain depending on the time in occupation against the total ownership time.
Quite un-necessary, CGT rules assume value rises evenly with time. We all know that tis is not true, but that is how it works.
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