Budget 2027: Changes to Capital Acquisitions Tax and Capital Gains Tax can help Family Succession Planning
Budget 2027 introduced a number of measures aimed at easing the tax burden on individuals transferring wealth and assets, particularly in the context of family succession planning. The most notable changes were increases to Capital Acquisitions Tax (CAT) thresholds and a reduction in the Capital Gains Tax (CGT) rate. Under the CAT regime, the tax-free … Read more