Inheritance & Gift Tax Capital Acquisitions Tax Services
Warren & Partners provide bespoke advice regarding capital acquisitions tax in Ireland, which includes inheritance tax, gift tax and discretionary trust tax. We help our clients to create tax-efficient strategies for passing wealth onto the next generation.
We minimise the taxes arising from an asset transfer by identifying applicable exemptions or tax reliefs that you may be eligible for. If required, we will also assist you in identifying and addressing any foreign tax that your estate may be exposed to, and provide assistance with devising a tax-efficient will or trust structure.
We will guide you in all matters relevant to Irish capital acquisitions tax (CAT) including:
We make you aware of the financial opportunities, taxation implications and capital tax cost of passing your assets onto the next generation. We consider the opportunities that may arise from giving gifts to secure reliefs, and from transferring assets before any likely increase in value occurs.
If your business is eligible for business relief, we can assist you in reducing the taxable value of a gifted or inherited, qualified business asset by up to 90%.
If you are over the age of 55 and are planning to transfer some or all of your business assets to a third party, we can assist you in availing of capital gains tax (CGT) retirement relief for eligible assets.
We assist clients in the creation of legacy Irish trust structures and can assist with the restructuring or termination of existing trust structures. Through our international network of peer firms we can also direct you to foreign tax advisors who will provide you with assistance regarding offshore structures.