Hi,
I am currently living in Ireland and I plan to move to the UK very soon.
I have some shares that I will have to sell in the future (after my departure), and I was wondering if I will still have to pay the 33% CGT on the disposal of the shares that I acquired when I was living in Ireland?
Hi,
Yes I think I do ! I remain ordinarily resident for 3 years but I will not be domiciled in Ireland.
In they guide they say: 'Non-Irish-domiciled, but ordinarily resident, individuals will continue to be liable to Irish capital gains tax on any Irish gains and other foreign gains to the extent they are remitted to Ireland. '. I am not Irish and I do not plan to come back to Ireland, therefore my gains are not remitted to Ireland (if I understand correctly?), therefore I don't think I will have to pay the Irish CGT. My goal is obviously not to avoid paying any tax (as I will still have to pay the CGT in the UK).
Hi Celery, im hoping to piggyback a query to the room from the table you have posted above. Can you have a YES, NO, YES scenario? i.e when someone has been non Irish resident for the preceding 3 years, what are the liabilities to Irish income tax on worldwide income
Can you have a YES, NO, YES scenario? i.e when someone has been non Irish resident for the preceding 3 years, what are the liabilities to Irish income tax on worldwide income