Frizelle, O'Leary & Co Solicitors
Slaney Place, Enniscorthy,
Co. Wexford, Ireland.
Tel:/ 053 92 33547
Fax: 053 92 34880
Email: postmaster@folco.ie
Dublin Office:
24 - 26 Upper Ormond Quay,
Dublin
Farm and Business Transfers
At Frizelle O’Leary & Co Solicitors in Enniscorthy, we have many years of experience in advising people about farm transfers and business transfers. It is vitally important to know the tax status and personal circumstances of both the person transferring and the person receiving the farm or business. Potential tax liabilities that may be encountered when doing transferring a farm or business include Stamp Duty, Capital Acquisitions Tax (CAT) and Capital Gains Tax (CGT). We will work with you not only to ensure you meet your tax responsibilities, but also to minimise your tax implications where possible.
2010 Civil Partnership Act
The 2010 Civil Partnership Act (“Civil Partnership and Certain Rights and Obligations of Co-habitants Act 2010”) has significant tax and transfer implications, because it greatly increases the rights to co-habiting couples - previously, the co-habitant had no automatic rights regarding property, home protection, financial support or inheritance. This Civil Partnership Act applies to 'qualifying co-habiting couples' who are not married to each other or registered in a civil partnership, as well as same sex couples. If you are transferring a farm or business, contact Frizelle O’Leary & Co Solicitors in Enniscorthy to find out how the act may apply to you.
Farm Transfer / Land Transfer
At Frizelle O’Leary & Co Solicitors in Enniscorthy we offer a comprehensive service to farmers, and advise on all aspects of farm ownership and land transfer. This advice includes the legal aspects of such schemes as the Early Retirement Scheme, Single Farm Payment Scheme and Trained Young Farmer Scheme.
Business Transfer
If you are planning the purchase or sale of a business, there are certain legal implications to consider. It is essential that you are represented by a solicitor who understands business sales, to ensure that your sale or purchase doesn’t collapse or cost you a great deal more than you had anticipated. At Frizelle O’Leary & Co Solicitors in Enniscorthy we can guide you through your various legal obligations, either as the transferor or transferee of the business.