Recording available

This live event took place on 23 and 26 September 2022

You can purchase a single person access for €275 to the recording of the webinar by completing the form. 

We will invoice you and we will send you the links when the invoice is paid.

Individuals: renting, investing, trading

Friday, 23 September, 09:30 -13:00, 3.5 hours CPD

• What is trading?
• Land transactions - investing or trading?
• The badges of trade
• Stamp duty -multi-unit purchases - s 31E, 83D, 83E, 83F
• Local property tax (LPT)
• Residential Zoned Land Tax (RZLT)
• Case study

• Rental income
  • Calculation - interest - unpaid interest
  • RTB - Section 23/50 - 372AP(8)
  • Pre-letting expenses
  • Premiums on leases
  • Wear and tear allowances - What is plant? What are repairs? What are improvements?
  • Farm land leasing exemption
  • Rent-a-room relief
  • Acquiring through pension fund
  • Non-resident landlord - authorised agent
  • CAT -CGT offset
  • Transfer of site from parent to child
• CGT
  • Disposal, part disposal, capital sum derived from asset
  • Proceeds - Acquisition cost - Indexation - Time of disposal
  • Market value rules - Enhancement expenditure - Losses
  • Compulsory purchase - Compensation and insurance
  • Seven year exemption - Residence exemption
  • Development land - Capital allowances and s 23
  • Leases - Tax clearance - Foreign tax credit

• Build to sell, buy to sell
• Allowable deductions
• Commencement rules
• Transfers to and from trading stock
• Valuation on cessation
• Profits from land dealing
• Debt forgiveness
• Case study

• Property development - no registration threshold
• Sale of property - checklist - when does VAT apply?
• Development of immovable goods - checklist
• Fixtures and fittings - VAT 
• Lettings - Option to tax (OTT)
• Capital Goods Scheme (CGS)
• Case study

Q & A

Companies: renting, investing, trading

Monday, 26 September, 09:30 -13:00, 3.5 hours CPD

5. Incorporating a rental portfolio

• CGT - possible solutions
• Transfer of business to a company
• IREF, REIT structures
• Case study

6. Rental v trading income

• Avoiding rental surcharge
  • Undistributable income
  • s 434(3A) election
• Group relief
• Trading income - hotels, B&B, AirBNB
• Provision of emergency accommodation
• Chargeable gains - allowable losses
• 10% CGT rate
• HoldCo exemption - s 626B
• Stamp duty - group (s 79) and reconstruction (s 80) relief

• Transfers to and from trading stock
• Profits from new build property - 12.5% rate
• Sale of non-fully developed property - 25% rule
• Relevant contracts tax (RCT) - conditions, tips and traps
• Case study

• Transfer of business relief (TOB)
• Receivers, liquidators and mortgagees in possession
• Joint option to tax - right thing to do?
• Waiver of exemption - timing
• Pre-contract VAT enquiries (PCVE)

Q & A

Our panelists are:

• Alan Moore from Tax World Ltd
• Jimmy Rynhart - VAT consultant - RCR Business Services
• Gary O'Mahony - Managing Partner with O'Hara Dolan & Co.