by Professional Tax Advisers Team | Dec 3, 2024 | General, Inside News, Tax Refunds
Gifting a life interest is sometimes done to ensure a person has: a residence during their lifetimeor a source of income e.g. rent Two points to keep in mind: 1) A life interest can be in any asset e.g. shares, house, land 2) Revenue regard an exclusive right of...
by Professional Tax Advisers Team | Jul 29, 2024 | General
We discuss forced heirship rules in Spain as an example Did you know that local laws in foreign jurisdictions can sometimes override Irish succession law. How Well, let’s look, for instance at Spain. In Spain there are what is known as “forced heirship rules” on...
by Professional Tax Advisers Team | May 28, 2024 | General
There are some changes coming to Capital Gains Tax Retirement Relief in 2025 that we want to make you aware of. These changes relate to the threshold exemptions for disposal of qualifying business assets. Disposal to Third Party Prior to 31/12/24 Age 55 – 65 ...
by Professional Tax Advisers Team | Apr 3, 2024 | General, Inside News, Tax Refunds
Our colleague John Conlon has successfully completed the A.D.I.T. (International Tax Qualification) He is now an International affiliate of the C.I.O.T. (Chartered Inst of Taxation – U.K.) We are delighted for John and the whole team here at PTA, as this is an ELITE...
by Professional Tax Advisers Team | Mar 6, 2024 | General
What are your rights when Revenue visits your business premises? A visit to a taxpayer’s premises by revenue falls into three categories: Routine visits Checking of records or stock Detailed examination of taxpayer’s records or goods Routine visits would generally be...