Taxes that need to be considered when selling a property include:
- income tax
- capital gains tax
- capital acquisition tax
- value added tax
- stamp duty
- non principal private residence charge
- household charge
- local property tax
- outstanding watre charges
- any outstanding rates due to a rating authority
On top of this your solicitor has to address all of the legal issues related to the sale of a property.
The material in this article is for general information purposes only and does not constitute legal or taxation advice. Specific legal and taxation advice should be sought before acting. All information and taxation rules are subject to change without notice.
No liability whatsoever is accepted by M. McLoughlin & Co. for any action taken in reliance on the information in this article