News

Federation supports ring-fencing concerns

Monday 2nd of July 2012

Minister of Revenue Peter Dunne has revealed that as well as limiting the percentage of losses that can be claimed on a holiday home in line with the amount of time it is available for rent, if the income from the bach is less than 2% of its value, the Government intends to ring-fence its losses, so that they cannot be offset against any other income.

King supported tax expert Mark With...

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