For many Irish family businesses, succession is something that sits quietly on the “we’ll deal with it later” list. The business is busy, the next generation may or may not be ready, and tax feels like a problem for another day. But when succession planning is left too late, the cost – financially and emotionally – can be far higher than expected. From a tax perspective , succession is not just about who takes over, but how and when that transfer happens. Capital Gains Tax

In today’s Ireland, high net worth families are asking a big question, how do we pass wealth to the next generation without losing control, triggering unnecessary taxes, or creating family disputes? For many, the answer lies in family partnerships, a structure that is gaining serious momentum as an alternative to trusts and outright gifts. If you are a business owner, property investor, or simply planning ahead for your family’s financial future, here is why this structure de

Most families delay wealth planning until it becomes urgent, then children are older, assets have already grown in value, or a transfer is imminent. But by then, many of the smartest tax planning opportunities might have passed by. The families that succeed across inter generations think differently. They plan early, structure intentionally, and take advantage of every stage of a child’s financial life, just like a startup business mapping a path from seed funding to scale to

Tax Relief on the Gift or Inheritance of a Business Capital Acquisitions Tax (CAT) is an Irish tax that is levied on individuals who receive gifts and inheritances. This tax is charged on the value of the property acquired by the beneficiary above certain tax-free thresholds. Tax-Free Thresholds The amount of CAT payable by a beneficiary of a gift or inheritance depends on their relationship with the donor (or deceased). There are three tax-free thresholds, known as Group thr