Not CGT, but income tax. Have a read of this basic guide from Revenue, and then ask more specific questions :capital gains tax
Shockingly low in current environment, unless its a super prime location like Grafton St. Are you sure you've thought this through?currently returning a 10% yield on it.
So what percentage yield would you expect from a commercial property?Not CGT, but income tax. Have a read of this basic guide from Revenue, and then ask more specific questions :
Irish rental income
This page gives a general idea on how Irish rental income is taxedwww.revenue.ie
Shockingly low in current environment, unless its a super prime location like Grafton St. Are you sure you've thought this through?
My politicians answer: it depends on many factors. But I'm assuming a low investment level where someone doesn't know which tax they'll be paying, so required yield should be higher.So what percentage yield would you expect from a commercial property?
Capital Gains Tax is not income tax.Sorry my understanding was that if property was held in company you’d pay 33% cgt on rental income.
my understanding was that if property was held in company
Please tell me you've an accountant that will tell you how bad of an idea this is.Sorry my understanding was that if property was held in company
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