Earned Income Tax Credit

Capital Gains Tax: Reliefs and Allowable Losses

The relief offered to individuals in regard to their home is incumbent, among other things, on the fact that the property is no larger than half an acre, and that, should a couple who, prior to union, individually owned separate relief-qualifying homes, after union sell one of the properties within three years.   It is [...]

Determining the Chargeable Gain

Typically, a chargeable gain arises when a person profits from the sale price of an asset, but sometimes it is constructive in effect as they may dispose of it in a manner different to an ordinary sale. Simply put, the overriding premise is that these capital sums are acquired in a different manner to the [...]