Our monthly video series delivers clear, jargon-free answers to our clients’ most pressing questions in just under three minutes.
In our latest episode of The Big Question, we ask Aodhán Deane, Tax Planning Lead: What should I consider when inheriting a property?
“One of the key areas to consider when inheriting a property is tax liability.
“In the case of transferring a family home or single residential property, normal Capital Acquisitions Tax rates apply over and above tax-free thresholds,” explains Deane.