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Hiya Building Energy Rating certificates are not currently required for a newly refurbished house. . However! A BER certificate will be required for a sale of this house house after 1 January 2009 therefore if you go on to sell this house after that date you will need to get a BER cert...

Are you definitely buying the next house in joint names? I would be loathe to use your FTB relief in buying a share of this house if you are planning on buying again shortly. Just keep it in mind!

but... i think she means that if she waits until the 2 years are up then there will no stamp duty clawback if she then rents out the entire house... she will simply have to make a tax return every year declaring the rent that she receives and if she has a 100pc mortgage then she can most likely...

You could use the consanguinity relief in stamp duty if the transfer was between you and your parents. This would mean that any stamp duty payable would be halved because of your relationship. If you get married and then the transfer is between you and your spouse and your parents then you...

That's right - if it was your brother selling to you only then you would have qualified for the relief. The fact that your wife was joined meant that you lost the relief.

The parents are perfectly entitled to gift their offspring anything up to €521,208 (2008 figure) before CAT will be payable.... however they can only gift their offspring's spouse up to €26,020 (2008 figure) before CAT will be payable. The problem is - if they gift €150,000 to their son and he...

It is true that husbands and wives can transfer amounts between them but they cannot be seen to do this in order to evade tax! Revenue would look through something like that and deem that the gift came from his parents to his spouse. The best bet would be to either try to use the dwelling...

There is a relief for stamp duty between brothers called consanguinity relief however this relief would only apply if your brother was selling you the house. If your brother and his wife sold you the house then you would not be able to claim the relief. Your solicitor should have looked into...

Hiya The dwelling house exemption would be a very useful tool for you if you could hold off buying the house for another year. The rules did change last year but it was in relation to a gift of a dwelling house where the disponer (the person giving the gift) is also living there - in that case...

Hiya Have you been living in this house for the past 3 years, by any chance? If you have, you could look into using the dwelling house exemption from capital acquisitions tax. If you haven't you could try to structure the transaction so that the gift element is coming from your parents to...

it's actually only a gift of €17,000 when you apply the €3,000 small gift exemption

Hiya, no you actually only need to make a gift tax return if it's 80% or more of your group threshold ie "You must make a tax return if the total value of gifts and inheritances you have received in one of the groups, A, B or C, since 5 December 1991 is more than 80% of the tax-free threshold...

There is no need to make a gift tax return if these are the correct figures - only need to make a return when the gift/inheritance constitutes 80% or more of the group threshold. Here he is only using €17,000 of his €26,020 threshold which is approx 65%. I'm assuming that everything is above...

Hiya I can't see any real problem with the sterling/euro exchange. In relation to the loan from your girlfriend's brother - Revenue should not take issue with the fact that you have taken (what is essentially) a gift of 20k from your girlfriend's brother in order to purchase the house...

Hiya Following on from Vanilla's reply - which is correct. The relevant tax here in Capital Acquisitions Tax because there would not be any CGT or stamp duty on the inheritance. There is no need to be an actual farmer to avail of agricultural relief from CAT, the test is a test on the...

Apologies, because your purchase was finalised prior to 31 March 2007 you would have been liable to stamp duty. It is very unfortunate that your sale closed on the 27 March. You should check that the 27 March is definitely the date of the deed under which you took the property.

If you were both first time buyers then you should not have paid any stamp duty UNLESS you were buying as investors (ie to rent out the house).

Note - you only need to be living in the house for 3 years (not 6) up to the date of her death but you need to retain it for 6 years after that in order to get the dwelling house exemption. You cannot have an interest in any other property though. if you don't qualify for the dwelling house...

The grandmother could sign an agreement that if there is a default in the mortgage she would/could not claim her right of residence. As long as the bank see something like this they should be ok with a right of residence. anyway a right of residence is just one option.

Hiya you should contact your mortgage broker/the bank and look into the possibility of your parents going guarantor on the mortgage. at the same time if you cannot afford the mortgage payments it is a bit of a no-no. it may be possible to sell the apartment if the developer consents, but if...