Archive for May 2020
Protecting the Vulnerable – A need to establish the National Safeguarding Authority
The Law Reform Commission’s Issues Paper on the protection of the vulnerable has come at a time in Irish society where like never before a national effort has been made to protect the vulnerable in society. The report sets out various different options for the protection of the vulnerable to include the establishment of the…
Read MoreRetrospective application of CGT losses
Just a quick reminder on a CGT point. Losses on property sales can be brought forward to future years. Losses can be set aside gains in the same year and in future years. However, losses cannot be applied retrospectively. I am acting for farmer John. He is selling his farm with a gain of €50,000.…
Read MoreGuardianship and will drafting
1 Introduction Guardianship refers to the general responsibilities of rearing, looking after and educating a child. A guardian has the right to make decisions regarding the upbringing of a child, to include his/her religious and academic education, cultural and sporting influences, looking after their health and other aspects similar to that of a parent. The…
Read MoreThe contribution of CAT to the Irish tax take
There have been recent media reports that there will be a likely increase in CAT or a tweak of CAT coming in the next budget. There could well be tax planning opportunities for your clients in this. You may recall the mantra from the last recession, “its never been cheaper to pass down wealth”. This…
Read MoreCA24 Consultation and Probate searches
Just a couple of items that you might find useful. The Revenue have launched a consultation on the CA24. This is anticipation of a general move to e-probate and online CA24 system. I have mentioned before that in my view this is to be welcomed and should be embraced by us all. I have had…
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