AITI Chartered Tax Adviser

CGT planning

Here are some of the ways we have recently assisted clients:

  • Creation of personal holding company (PHC) to avoid/defer CGT on share disposals.
  • Claiming rollover relief where compensation received from local authority.
  • Putting successful case to Revenue that disposal of principal private residence did not contain development value resulting in a savings of €0.5m for the client.
  • Profit extraction from company through use of retirement relief and share buyback.
  • Treatment of sale of part of a company’s business as subject to CT (12.5%) instead of 25%, with availability of CT losses resulting in no tax.