S Snowblaze Registered User Messages 18 27 Jan 2022 #1 If I sell a house that I inherited do I cantact revenue to pay capital gains or is that part of the process done by the solicitor.
If I sell a house that I inherited do I cantact revenue to pay capital gains or is that part of the process done by the solicitor.
J jpd Registered User Messages 4,372 27 Jan 2022 #2 No, you will have to file and pay whatever CGT is due Undoubtedly your solicitor could do that for an extra fee
No, you will have to file and pay whatever CGT is due Undoubtedly your solicitor could do that for an extra fee
T T McGibney Registered User Messages 7,425 27 Jan 2022 #3 Most solicitors (ie the smarter ones) tend to be reluctant to take on tax return work unless they have specific in-house tax expertise. You may need to engage an accountant or tax consultant.
Most solicitors (ie the smarter ones) tend to be reluctant to take on tax return work unless they have specific in-house tax expertise. You may need to engage an accountant or tax consultant.
Brendan Burgess Founder Messages 54,870 27 Jan 2022 #4 Snowblaze Read the Posting Guidelines. Edit your title to make it meaningful. Brendan
C ClubMan Registered User Messages 53,077 27 Jan 2022 #5 Snowblaze said: If I sell a house that I inherited do I cantact revenue to pay capital gains or is that part of the process done by the solicitor. Click to expand... Just to be clear, you're not mixing up CAT/inheritance tax with CGT by any chance? Gains, gifts and inheritances Information about Capital Acquisitions Tax (CAT), Capital Gains Tax (CGT) and Probate Tax. www.revenue.ie
Snowblaze said: If I sell a house that I inherited do I cantact revenue to pay capital gains or is that part of the process done by the solicitor. Click to expand... Just to be clear, you're not mixing up CAT/inheritance tax with CGT by any chance? Gains, gifts and inheritances Information about Capital Acquisitions Tax (CAT), Capital Gains Tax (CGT) and Probate Tax. www.revenue.ie