Wednesday 18 January 2017

Key factors to consider when leaving country

Published 23/03/2010 | 05:00

If you are leaving the country, you should consider the following:

  • Go To

  • Timing is important -- get the most from your tax allowances and reliefs.
  • Notify Revenue you are leaving to ensure you receive any refunds due.
  • If you rent your home, you will lose your mortgage interest relief.
  • Rental income from an Irish property stays in the Irish tax net even after you leave.
  • If you are selling your home, check if you'll have capital gains tax to pay.
  • Good professional advice will save you money.

Irish Independent

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