Local Property Tax Deferred until 2021

Local Property Tax Deferred until 2021

As reported in the Independent and RTE news, amendments due to take place this November on Local Property Tax (LPT) have been deferred until 2021. This means LPT will remain at it’s current level until then, which has been the case since 2016. But is this delaying the...
Capital Gains Tax  on rental properties

Capital Gains Tax on rental properties

Interesting article issued in The Irish Times today regarding selling a rental property in negative equity. A reader asks – is there any capital gains tax due if mortgage was paid off and sold at a loss? Let’s clarify, there is only Capital Gains Tax (CGT) due if...