B big bird Registered User Messages 53 19 Oct 2006 #1 Can somebody explain Indexation Relief to me .I have down loaded the CGT booklet from the revenue ,but I dont understand what Indexation Relief is and how it works with regard to property.Can anyone help?
Can somebody explain Indexation Relief to me .I have down loaded the CGT booklet from the revenue ,but I dont understand what Indexation Relief is and how it works with regard to property.Can anyone help?
C ClubMan Registered User Messages 49,234 19 Oct 2006 #2 You multiply the original purchase price by the relevant multiplied before subtracting the result from the sale price. If the property is a PPR (Principal Private Residence) that was never rented then the sale is CGT exempt.
You multiply the original purchase price by the relevant multiplied before subtracting the result from the sale price. If the property is a PPR (Principal Private Residence) that was never rented then the sale is CGT exempt.