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Budget tax relief change means business at The Connacht Property Auction

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The Connacht Property Auction is expecting strong interest at its upcoming November 11 auction due to the Budget announcement regarding the capital gains relief. The capital gains tax relief means buyers who purchase properties in 2014 will not be liable for capital gains for the first seven years of ownership. This relief will come to an end on December 31, and The Connacht Property Auction is expecting strong interest in properties due to this upcoming change. With expected strong interest in the coming months, the auction team is now inviting entries for its ongoing online auctions and upcoming November 11 auction.

 

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