Budget is good news for commercial property in a number of aspects
CGT waiver and Living City tax relief could see market get a new lease of life, writes Donal Buckley.
The commercial property market looks set to benefit in a number of ways from last week's budget.
Smaller private investors, notably those investing less than €5 million, look set to benefit from the extension of the Capital Gains Tax (CGT) waiver to include properties bought in 2014.
This is because most of the bigger investors avail of other types of tax efficient vehicles such as qualifying investment funds and don't need the CGT waiver. This waiver will...
Subscribe from just 1€
Choose the subscription that is right for you
For the first month
€19.99 Monthly ThereafterSubscribe today
For the first year
€199.99 annually thereafterSubscribe today
For the first 90 days
€55.00 quarterly ThereafterSubscribe today
These offers are not available for current subscribers. Offers and pricing are subject to change without notice.
Terms & Conditions Apply