Capital Gains Tax on rental properties

Capital Gains Tax on rental properties

by | Apr 2, 2019 | Advice

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...
Budget 2018….further details emerging

Budget 2018….further details emerging

by | Sep 7, 2017 | General

Budget 2018 – what we know so far… Irish Times 05 Sept 2017 It is now five weeks until budget day, when Minister for Finance Paschal Donohoe will walk into Leinster House with a briefcase to deliver for the first time his pronouncements on how much of our...
Retirement Relief

Retirement Relief

by | Mar 23, 2017 | General

  Retirement Relief may apply to business owners who either sell or gift their business where a gain has arisen on its disposal. This relief allows an exemption from Capital Gains Tax (CGT) at 33%. Contrary to its title “Retirement Relief”, you do not actually have to...