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...
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...
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