Budget 2015: What happens when we wave goodbye to the waiver?
The capital gains tax waiver that played its part in kick-starting the reawakening of the Irish property market ends this year. What will ensue?
Afall in the price of real estate as a result of the ending of the capital gains tax waiver in Budget 2015 on Tuesday has been ruled out by property experts. However, some say that the widely expected move may contribute to a slowdown in the rate of price increases within the next 12 to 18 months.
It is difficult to identify how much the waiver, also known as the profits tax holiday, accentuated the recent upsurge in...
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