My daughter bought a house in 2001 for £200,000 and rented it from March 2014. Is she entitled to the exemption of capital gains tax which came in 2012 -2014 for investment property? What capital gains tax is due? Ms M.B., emailThe Government did introduce a tax exemption around the time your daughter moved out of her first home and started renting it as an investment property but she will not benefit from it. To do so, they said they would grant an exemption from capital gains tax to anyone who bought a property and held on to it for seven years.

Source: The Irish Times February 28, 2021 16:19 UTC