Transfer of a site from a parent to a child If you transfer land to your child to build a house which is your child’s only or main residence, you will not have to pay CGT on the transfer. For this purpose, a transfer includes a joint transfer by you, and your spouse or civil…
Who is exempt from DIRT? Deposit interest retention tax is currently charged at 37% for 2018 and will be 35% for 2018 You can receive interest without paying DIRT (DIRT-free account) in certain conditions. To do this, you must complete a declaration form stating that you, your spouse or civil partner are: 65 years of age…
Dependent Relative Tax Credit You may claim this credit if you maintain a relative at your own expense. You can claim for your relative, or a relative of your spouse or civil partner. Conditions to qualify The relative you claim for must be: your relative, or your spouse’s relative, who is unable to maintain themselves…
