How to minimise tax on land disposals - the different reliefs could save you hundreds of thousands of euro
Two different reliefs could save you hundreds of thousands of euro in Capital Gains Tax – but you will need professional advice
Plan ahead: Before contemplating a sale of land or directing in your will that land should be sold after your death, have your circumstances well and truly appraised. Photo: Getty
Until recently less than 1pc of land in Ireland changed hands in a given year. This figure is quite low, and probably has a lot to do with our history and our attachment to what many fought and died for.
However, times they are a-changing and our historic attachment to the land may be loosening, because off-farm employment can offer a far more lucrative and attractive lifestyle for the younger generation.
