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Irish Capital Gains Tax for UK residents
swiss69
Posts: 355 Forumite
in Cutting tax
Mother in Law has sold some land in Ireland. She has been told she has to pay 25% CGT on the gain made. There was no mention of being to able to offset any of this. In the Uk she would have a CGT allowance of around 10k but is there anything similar in Ireland?
I assume we have a double taxation agreement with Ireland so she would only have to pay the tax once.
Any help would be appreciated.
Cheers
I assume we have a double taxation agreement with Ireland so she would only have to pay the tax once.
Any help would be appreciated.
Cheers
0
Comments
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This is the link to the Irish revenue site - http://www.revenue.ie/revsearch/search.jsp
Your MIL would have to declare the income and any Irish tax paid to HMRCThis is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
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