Imagine this: You’ve spent decades working hard, building up your savings, and investing wisely in property. Now, as you enter your golden years, you decide to sell a piece of property. Maybe it’s a second home, or perhaps you’re downsizing to something more manageable. But there’s one question loom...
If you've ever thought about investing in India, you've probably heard the term "Capital Gains Tax" (CGT) thrown around. It sounds daunting, doesn't it? Yet, understanding it could save (or cost) you thousands of dollars in taxes. But here's the twist — not all gains are taxed the same way. In fact,...
Imagine waking up to realize you've missed out on a crucial tax-saving opportunity. That’s the feeling many trustees had when they discovered the changes to capital gains tax (CGT) allowances in the 2022/23 tax year. While headlines focus on personal tax implications, the impact on trusts is often o...
You’re sitting on a goldmine. That piece of land you’ve held onto for years, just waiting for the right moment to sell, is finally worth a fortune. But wait—before you get too excited about the windfall, there’s something you need to consider: capital gains tax (CGT). In Ireland, landowners are requ...
Navigating the complexities of capital gains tax (CGT) can be daunting, but understanding the exemptions available in Ireland can significantly ease the process. Whether you are an individual investor, a business owner, or simply exploring investment opportunities, knowing how to leverage these exem...
Navigating Executors’ Capital Gains Tax Allowance for 2021/22 can seem daunting, but understanding the specifics can significantly impact the net value of an estate. Executors play a critical role in managing and distributing the estate of a deceased person, and one crucial aspect they must handle i...
