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Budget tax relief change means business at The Connacht Property Auction
The Connacht Property Auction is expecting strong interest at its November 11 auction due to the Budget announcement regarding capital gains tax 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. The auction team are now inviting entries for the ongoing online auctions and the November 11 auction.