Our team will ensure that you utilize all allowable expenses to reduce your exposure to Capital Gains Tax.
It has been quite some time since Taxpayers made gains on property or investments. If you have made a Capital Gain in an investment our team will ensure that you utilize all allowable expenses to reduce your exposure to Capital Gains Tax.
It’s never a good thing when you make a loss on a property or investment. We can’t promise that we can get that loss back for you, but we can help you use these losses to offset other Capital Gains now or in the future.
Tax on CGT in Ireland is currently 33%. This rate of Tax has increased gradually by 65% since the CGT rate was 20% in 2008. In many cases Taxpayers are using after Tax Income (savings after paying PAYE on salary for instance) to invest in property or shares. Many Taxpayers feel that a CGT rate of 33% is too high.