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We rent out two properties close to home (in the UK) and until recently we rented out the family farm in Ireland. We also sorted out a family estate which was spread between a number of countries. My experience is that looking after a property rental can be a lot of work, unless you pay an...

Hi anyone had any more recent experience with Linked Finance? The UK equivalent Funding Circle is apparantly doing well and loans can be sold more or less immediately, so funds are relatively liquid. thanks

Got the following answer from the Revenue (it's in their Tax Briefing 2005 Archive online) - no need to pay in advance, wayhayyyy! >>>> A non-resident vendor can obtain a Capital Gains Tax Clearance Certificate where the capital gains tax payable on the disposal (and any earlier disposals...

Does anyone know anything about the CG50a, and how can I get one to avoid the purchaser having to withhold 15%....? thanks Paddy

Thanks Joe 90. Paddy's professional advisor is a bit slow in coming back to him, and the Easter break is a long time to be thinking it all over! The land is pure farmland and being sold as such - so he assumes there would be no Windfall tax? >>> so €1,000,000 price will cover the CGT <<<< Do...

Hi Paddy is a UK resident and is selling some land in Ireland. The gain since purchase 4 years ago will be circa £400k. Does anyone know the process regarding the Tax Clearance Certificate CG50a, and also whether Paddy pays his CGT in the UK first, then offsets in Ireland or vice-versa...

AFAIK the CGT allowance is for individuals, so may only apply to a sole trader (if at all) There are other reliefs available, have a look here: http://www.hmrc.gov.uk/cgt/businesses/reliefs.htm regards TT

Hi if I open a State Savings Ordinary Deposit Account, can I transfer money in and out from any other bank online, just like a bank account? So, do I get an IBAN number etc? many thanks Paddy

Hi Following on from this - how soon after exchange of contracts is completion & vacant possession normally expected to take place? Can it be delayed for say 2 months? What about crops that are not yet harvested - can they be kept by the vendor and harvested after exchange of contracts...

I am planning to register my mother as my collection agent. I already have a PPS number - will i [we] be issued another new one when I register her? many thanks paddytt

Hello many years ago, my late uncle invested in a private company through a Business Expansion Scheme. Up until his death two years ago, he received little or no communication from them, no dividends, no annual reports, no information about AGM's, and since his death we have struggled to get...

Which is the cheapest Irish broker for a non-resident on a one-off trade? Sharewatch quote €50 / trade. thanks TT

You should get a solicitor on the case. There is no other way. paddytt

If you disclaim a specific bequest, it goes into the residue and is divided to the residuary legatees - this could include you. The Executors could then "Appropriate" the residue equally amongst the residuary legatees by agreement and you could get your 20 acres depending on the values and...

I would say definitely yes! Your uncle's estate must be administered by the Executors and Solicitor, not you or your neighbours, unless of course you are the Executors... then you can pay the cheque into the Executors account. These are tax benefits relating to Agricultural property (land...

Almost definitely. Take them to a stockbroker (share dealing company), you'll find them in the Yellow Pages, on Google or try http://www.camocon.ie ,they've been very helpful so far with my Uncle's estate. Also seen the www.sharedata.co.uk website, they appear to specialise in overseas &...

I think if you look at other posts, someone said that the "scale" was actually the results of a survey about 15 years ago - so it's not a recommendation, just the average returns from a bunch of solicitors around the country. We negotiated hard before signing up and saved many 10's of thousands...

Thanks. It appears that any UK assets are taxed at 40%, but there is a £325k tax-free threshold on the estate. You have to make a UK tax return on Form IHT400, unless it's just shares & cash valued at under £150k or a few other exceptions. For UK Grant of Probate, you need to get it in...

Hi. We have a similar issue with an inheritance from our uncle (domiciled and resident in Ireland) except the total value of the UK shares is £550,000 (approx €620k) out of a total estate valued at €2m. We originally thought that all we needed was UK probate, but we are now told that we will...

What would you say in the case of agricultural land where ag relief is NOT available? In our case, to minimise the tax, the date of grant would be far more beneficial as land values have dropped.... thanks