Phone +353 (0) 86 8231823 for a no obligation initial meeting with Dublin Accountants, Westland Tax & Accountancy Ltd., Ireland

Capital Gains Tax

Capital Gains Tax Advice on all CGT matters in Ireland from  Dublin Accountants & Tax Advisors, Westland Tax & Accountancy Ltd.

CGT Advice

The current rate of Capital Gains Tax in Ireland is 33%. Virtually anything you sell, that is not liable to Income Tax on profits, will be liable to Capital Gains Tax.

Westland Tax & Accountancy Ltd, Dublin accountants and tax advisors, provide services and advice in relation to Capital Gains Tax including:
  • Computation of Capital Gains Tax
  • Advice on Retirement Relief for Sole Traders
  • Advice on Retirement Relief for shareholders of family companies
  • Advice on the Capital Gains Implications of incorporating a sole trader or partnership
  • Advice on share buybacks

 Capital Gains Tax Reliefs and Exemptions

Among the reliefs and exemptions that can be availed of in relation to Capital Gains Tax, are:
  • Relief for the cost of the asset & the cost of disposal of the asset.
  • Loss relief - any Capital Gains Tax losses in the year of disposal or unused from previous years.
  • Losses incurred by your Spouse
  • Principal private residence relief on the sale of your home
  • Retirement relief on the sale of a Business or for sale of shareholdings in family run company - current limit is €750,000
  • Relief on the disposal of a business or shares in a family company, to a child - no limit
  • Relief on the transfer of assets from a Sole Trader to a Limited company on incorporation
  • Relief on Transfer of Assets between spouses when living together
  • Agricultural Relief
The above reliefs are available subject to various conditions & professional advice should always be taken.

Why not contact us to arrange a no obligation meeting with one of our tax experts?