Revenue 2018 Annual Report

Revenue 2018 Annual Report

Revenue issued their 2018 Annual Report on 09th May confirming Revenue collected net Exchequer receipts of €54.6 billion last year. Chairman, Niall Cody stated that; ‘when compared to 2017, net Exchequer receipts increased by €4 billion. There were increased receipts...
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...