a family member who inherited her home through the death of her husband in the 1990's and had being living there from the mid 60's had left the house and moved out and into a new house as her old house was falling into disrepair. After many years she has now sold off the old house for €30K. The solicitor suggested that she would have to pay Tax on this amount but I cannot see how either CAT or CGT could apply. The house was abandoned and was no longer considered her principle home.
Any thoughts would be welcome.
Any thoughts would be welcome.