i think the rate is 19% in the UK with a personal cgt allowance of just over £10k so first £20k profit exempt if investment property owned jointly.
is it correct the personal cgt allowance is just over a €1k in Ireland ? or am i reading something incorrect ?
if this is the case, grumpy man will pay a heck of a lot more cgt now because he lives in Ireland. for example. if it suited grumpy man to move back to the UK and become resident again for say 6 or 12 months, and his UK home became his main home again then would he still have to pay cgt ?
isn't this what the UK politicians have been doing, flipping properties to avoid cgt.
maybe i have got it all wrong ?