Capital gains question - moving to the North

[mmmm...]

Myself and my wife are thinking of moving house. We currently live in the South and intend to sell up and buy a house in Northern Ireland.

What are the CGT implications of the move? Please bare in mid, I still intend to work for the same Southern company but working from home in the North. i.e. I would still be paying my taxes down South. My wife intends to get employment in the North.

Thanks.

 

[Domo]

If you are selling your main residence there will be no CGT in either UK or ROI on disposal, if disposed of within 12 months of the move.

Re income tax - if you continue to work in ROI while resident in the UK, you will have Irish PAYE and PRSI deducted. However, as a UK resident you will have to file a UK tax return to declare your Irish income, but you will receive a credit for Irish tax paid.