Can anyone suggest one to use (or avoid) from personal experience of selling? Im looking to list a 2 bed maisonette. And would appreciate an accurate valuation and good service and communication rather than someone being unrealistic to get my business.
I’m an Irish man who’s been living in the UK for my professional life and invested all my savings in a UK stocks and shares ISA. I’m considering moving back to Dublin and have recently realised I’ll be subject to Irish ‘exit tax’ on my UK ISA if I sell my funds whilst an Irish tax payer. That I can handle by selling before that point, although I’m not happy with having to take my money out of the market.
What puzzles me is what Irish tax residents do to make their money work to create more income considering all investments are subject to CGT. Is that why there’s such a shortage of homes for people to buy? Ie people invest money into bricks and mortar and rent it out? What other alternatives are there that can beat inflation?
Just seems incredibly backwards (and greedy) that the government tax you for gains made by taking the initiative (and risk) to invest in markets which must lead to inflated rental markets. Surely it’d be more beneficial to help your citizens increase their wealth without gouging others.
I understand Ireland is looking to bring in a similar tax free investment wrapper in 2027, is there any indication as to what amounts will be covered per year (ie £20k/year in the UK) or will it be a set amount and anything beyond that is subject to CGT?