Capital Gain Tax on individual sale/joint purchase

This discussion addresses a common query regarding Capital Gains Tax when an individually owned property is sold and the proceeds are reinvested into a jointly owned property. The core question is whether the full reinvested amount can be claimed for tax exemption or only half, given the joint ownership of the new property. Guidance suggests that if the sale proceeds were entirely funded from the seller's bank account, 100% exemption may be possible.