Capital acquisitions tax and the valuable business relief

I wrote yesterday about agricultural relief and the utility of this relief to allow a parent pass significant wealth to a child with stunning tax efficiency. Another valuable relief is business relief. Business relief can provide a 90% reduction in the value of the business being transferred to beneficiaries. Some types of business are excluded-for… Continue reading Capital acquisitions tax and the valuable business relief

How to give wealth to your children in the most tax efficient way

If you want to give your child €1,000,000 and you give him/her cash he/she will pay tax on the gift or benefit in a will at a rate of 33%. Your child will have a tax free threshold of €335,000, therefore will be taxed on the excess of €665,000. The same capital acquisitions tax/gift tax… Continue reading How to give wealth to your children in the most tax efficient way

This TikTok video (“when there’s no will”) has generated a stunning response

I published a short video yesterday on TikTok entitled “When there is no will” and the reaction to it has been stunning. The video, 24 hours later, has had 164,000 views, 2,034 likes, 88 comments. The Irish fascination with land, it seems, is matched with a fascination for disputes and rows over wills, the passing… Continue reading This TikTok video (“when there’s no will”) has generated a stunning response

The Kitty Holland and Enoch Burke defamation cases-what I find most interesting

There are two interesting defamation cases going on at the moment. One involves Kitty Holland, the Irish Times journalist, suing John Waters for comments he made about her coverage of the Savita Halappanavar case where Savita lost her life in University Hospital Galway. The other case is Enoch Burke’s case against the Sunday Independent over… Continue reading The Kitty Holland and Enoch Burke defamation cases-what I find most interesting

Transactional versus relational videos and brand building

I have published a video this morning entitled “Structural surveys, Trump’s porn, misinformation, a day in the life | Terry Gorry Solicitor Law Vlog”. It is a “day in the life” type video showing what a typical day in the life is for me in my solicitor’s practice in Enfield. Many people like these type… Continue reading Transactional versus relational videos and brand building