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Very informative Terry, you say 80% off they receiver assets would have to be agriculture? I presume they'd need a herd number in there name & be actively farming to get agriculture relief thanks?

Terry enjoying his leafy surroundings and the peace and quiet and safety. I think Terry could accommodate quite a few so called refugees in that lovey garden.

What if I want to leave my (leased out) farm to my daughter in England. If she continues to lease it out will she still be exempt from both UK and Irish tax??

Moral of the story. The government are robbing bastards. The parents pay income tax all their working lives and then their savings are taxed again.

You can leave or transfer land, buildings, farmhouse, stock and working capitial to the valuation, by auctioneer, to value of 3.5 million to each child tax free. I suspect now the benificary must have a green cert and cannot sell for some years. There is also reduced stamp duty. If the donar has been farming and owning the land for ten years and is over 55 there is no capital gains on the generally very large capitial gains. In the past the Land Commission had to give premission for land sales. I think now something like it should be formed again or we will end up, all over again with huge areas of land belonging to a small number of people instead of family farms. The bloodstock industry pays no income tax and they are some of the biggest land buyers.

No link here

Hi Terry, if a father wants to pass on a farm to his daughter,and we will say the farm is valued at 600.000 euro, and there is a house on the farm valued at 300.000 euro I take it that the house will be valued separately, that only the land will get the relief. But then the land value would be reduced to 60.000 euro, so that would leave the house at 300.000 plus the 60.000 total 360.000 of this total 335.000 can be gifted tax free leaving a bill of 25.000 on which to pay CAT provided the recipient farmed the land or leased the to a working farmer for six years, and of course all of this is subject to the value of the property they are receiving making up more than 80 per cent of their total wealth. Am I right or wrong in what I have written.

Could you please do a video on benefits to handing over agricultural assets before the person turns 36..

Its absolutely ridiculous profitable dairy farmers have this exemption..they recieve grants to builds sheds then pay no commercial rates then an exemption to pass to their kids .

I will have to pay full33% cat on agriculture land

Only if children are farmers.

Please note: For gifts and inheritances taken after 1 January 2015, where the valuation date is also on or after 1 January 2015 you must: farm the agricultural property on a commercial basis for at least six years from that date or lease the property to someone who farms the agricultural property on a commercial basis for at least six years from that date. The above requirements are known as the 'Active Farmer Test'. Additionally, the person receiving the gift or inheritance, or the person leasing the property must either: have an agricultural qualification (as listed in Schedule 2, 2A or 2B of the Stamp Duties Consolidation Act 1999) or farm the agricultural property for at least 50% of his or her normal working hours.

I think the recipient needs the green certificate??

I wounder dose the recipient of such land need to have a green cert. or equivalent agricultural qualification.🤔

Thank you for another informative video, My Gorry. May I ask for your advice? My career aspiration is to become a Solicitor in Ireland. I have yet to take my entrance exams and would like to gain relevant experience in a legal firm or workplace. Do you have any suggestions for me to find such opportunities? Kindest regards.

Gorgeous gorgeous countryside, and a very handsome picture, Mr. Gorry! You are indeed a solicitor for every circumstance! 😊

Great footage as always Terry.

Hi Terry! I am looking to return to Ireland next year after many years away and am thinking of looking for a mortgage on an apartment. Are there any significant differences in the buying process for an apartment vs a house, such as getting inspections done etc? Im right at the beginning of this plan so any and all info or advice would be great.

This is really great! Your point on negotiation skills is spot on and totally undervalued. Nobody teaches people this and it's actually so important.

Are there facilities from the government for the investor in real estate

Excellent advice 👍😃 thank you

Should be a property tax of €2000,on holiday homes, yearly payed into lacol Post office where property is,I live near shannon place full of big lumps of empty holiday homes,

2019 you say. I saw this on yt today in 2024.17th May. 😂

great truths, thank you so much for your channel and contributions 🙂

A family of sociopaths

OK for the woman to abuse the Burke Family on behalf of Perverts

What is wrong with these people

All scam artist s yous are

We all seen the video ! Rte and ten Garda knew the judgments before the family or judge and just happened to be there waiting ! If anyone slung my mother or sister like that ! Badge or no badge they wouldn’t be safe in Ireland! All a big show for any one in the country who dares not go along with the government narrative on transgender! A teacher called a student by the name on his birth certificate! And his life has been ruined wtf people who’s next

Prem Chopra

Hi Terry, if an employee is paid above the minimum salary are they still entitled to the Sunday premium?

A lot of wisdom in a short vid!

Sensible man. Lets hope people will listen to his advice and use it!

I have been using fountain pens since the age of fourteen. Sooo, that was the time of starting my high school journey. For the most of the time, I was using the cheap Montex vintage pens (they were at the time around $2 a pop), some of which are still in use today, more than fifteen years after the original purchase. Now I am a medical doctor, and I still use them to this day. Yes, I have a neat handwriting, and no, no one believes me thst I am a doctor 😂

Home schooling not working well.

Family, friendship, community. These are the three demons you must slay if you wish to be successful.

Why not just be neither?

Usual garbage by the corporate courts, and if you're always claiming the ALL CAPS DEBTOR LEGAL TITLE.

It's so simple, yet many of us are not taught this at home or at school. I wasn't taught anything, except to be afraid. I'd also add the importance of charm. Not many young people have charm. You can be charming without being false, the two together make for one big ugly dungshow, but charm opens doors. Someone with more degrees than a circle, who sits on the belligerence of his PHD is not as employable as a young person with attitude, ambition and charm.

So why do the courts ignore common law on a daily basis then?

Apart from 'don't do it' would you have any advice for someone starting at the Bar.

As always Terry, great advice and showing great leadership qualities in business. It is far too easy to listen to the "nay sayers" and never have the courage to achieve the achievable. I firmly believe we should only take advice from people who are where we want to be in life. For far too long, I have listened to people who consider their approach as pragmatic. However, in hindsight, I can see now that it was just taking the easiest road possible to them and avoided taking any positive actions to improve their professional abilities.

In a self defence case where an assault was carried out due to the person protecting themselves, can you still get a fair trial if they have the person defending themselves by assaulting the guy, if they're on CCTV?

Irish Gestapo suprise suprise

Agreed. Good advice. Thanks.

Three essential attributes if you want to become a successful lawyer. Honesty, Loyalty and Hard work. In that order.

Terry wonderful information and its also good knowledge the product you are selling, listening to your customer as everyday is a day of learning.

Excellent advice, you have great mentoring skills!

Couldn’t agree more Terry. When I’m hiring new talent I place huge importance on attitude. Many skills can be learned by curious people who have a can-do attitude. Great video

Thank you for this explanation