Accountants, Taxation & Business Advisors

Finance Bill - The Private Dwelling House Relief?

The Private Dwelling House Relief is a very fair and useful relief which gives families an opportunity to pass on a family home tax efficiently. There are proposed changes in the Finance Bill which will significantly curtail this relief for gifts and inheritances. These changes include limiting the potential beneficiaries of the relief and also introducing the criteria to claim the relief.

The changes will probably come into effect when the Finance Bill is enacted, so if this applies to you, please contact Maura Duffy -  and give consideration to your options.


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