Capital Gains Tax

Capital Gains Tax is payable on gains accruing from the disposal of assets: transfer of ownership by sale, gift, exchange or otherwise. Our tax department offers advice in each area. In particular, our team advises on how to best maximise the allowances, reliefs and exemptions available - and therefore minimise any liability arising. Some of these reliefs may apply:
• Annual small gains exemption
• Relief for capital losses
• Negligible value claim
• Principal private residence relief
• Retirement relief
• Transfer of a site to a child

In the current market, Capital Gains Tax planning may be of particular interest. Some of our clients may wish to dispose of assets with falling values to crystallise capital losses. We will calculate your Capital Gains Tax liability, advise on ways of reducing it, and identify when it needs to be paid.

The nature of capital taxes often affords excellent tax planning opportunities in the areas of retirement, estate planning and wealth management. In these recessionary times it may be possible to take advantage of low asset values and consider retiring from your business, transferring assets to your children or securing the assets of your business through a reorganisation of your group structure.

We have extensive experience in company reorganisations having worked on a myriad of projects ranging from assisting on the migration of tax residence of large multinational companies to the separation and protection of assets in small indigenous Irish businesses.


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HLB Ireland is a member of HLB International International
A world-wide network of independent accounting firms and business advisers.

  • Phone: +353 1 631 1200
  • Fax: +353 1 631 1250
  • Email:
  • Location: Harmony Court, Harmony Row, Dublin 2, Ireland

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