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Tax News & Expert Insights
Stay informed with the latest tax updates, practical guides, and expert analysis from our team.
Family Partnerships: The smart way to transfer wealth with control
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
TaxKey
Oct 25 min read
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VAT on Commercial Property: What every vendor needs to know before selling
Selling a commercial property involves more than agreeing a price. And VAT can significantly impact the final outcome. This guide breaks down when a sale is VATable, exempt, or qualifies for Transfer of Business Relief (TOBR), helping vendors plan ahead and avoid costly surprises.
Apr 1
Understanding Irish Tax Residence, Domicile, and Ordinary Residence
Why Residence and Domicile Matter So Much in Ireland? An individual’s exposure to Irish tax on their income, capital gains, gifts, and inheritances is significantly influenced by three separate (and very different) concepts: Tax residence Ordinary residence Domicile Each concept plays a distinct role. Together, they define the scope of your Irish tax liability. Domicile: Your “Permanent Home” in the Eyes of the Law Unlike residence, domicile has no statutory definition in I
Mar 5
VAT on Property Purchases: What Every Buyer Needs to Get Right
Where VAT is being charged on the purchase of a property, getting the VAT treatment right from day one is critical. Revenue can deny a VAT input credit where VAT has not been correctly charged, potentially leaving the purchaser with an unexpected and irrecoverable cost. Further, where a property purchase is subject to VAT, the purchaser must also consider whether they are entitled to recover that VAT cost. VAT recovery is not automatic – it is directly linked to the intended
Feb 3
PRACTICAL TAX PLANNING OPPORTUNITIES EVERY BUSINESS OWNER SHOULD BE CONSIDERING NOW
In an environment where rising costs, economic uncertainty, and legislative change continue to shape business decisions, proactive tax planning has never been more important. While business growth and operational demands naturally take priority for business owners, failing to regularly review how your business is structured and how you are remunerated can result in missed opportunities and unnecessary tax leakage over time. Whether you operate as a sole trader, partnership,
Jan 5
From 13.5% to 9%: What Ireland’s New VAT Cut Means for Apartment Sales and Construction
The Government’s decision on Budget Day to reduce the VAT rate on the sale and construction of certain apartments from 13.5% to 9% marks a significant policy shift designed to support housing supply and project viability in Ireland’s residential development sector. While widely welcomed, the measure’s scope and implementation details have prompted calls for clarity among developers, tax practitioners, and investors. What Was Announced & Why It Matters Apartment development in
Dec 1, 2025
R&D Tax Credit
The Research & Development (R&D) Tax Credit is one of Ireland’s top incentives to encourage and support innovation. It allows companies to claim a generous tax credit on qualifying R&D expenditures, effectively reducing their tax bill or even yielding cash refunds. In this post, we’ll briefly explain how the R&D credit works and highlight the new improvements announced in the latest Budget. These changes – including a higher credit rate and enhanced cash refund – make the reg
Nov 1, 2025
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