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Ask About Wealth

Using Capital Allowances to Pay Less Tax

Season 1, Ep. 29

Most property investors in Ireland are leaving thousands of euros on the table.


In this episode of Ask About Wealth, Paul sits down with Philip O’Connor, Managing Director of CA Partners, a specialist in capital allowances for property investors and businesses. Philip reveals how Irish taxpayers, individuals, landlords, and business owners are missing out on legitimate tax relief simply because they don’t know it exists or lack the right expertise to claim it.



✅ What capital allowances are and why they matter

✅ Why most accountants don’t identify all the allowances you’re entitled to

✅ How you can retroactively claim allowances for up to 4 years and get cash refunds from Revenue


✅ The kind of properties and expenses that qualify


✅ Two real client examples where missed claims turned into tens of thousands in savings


00:00 Introduction to the Ask About Wealth Podcast

00:29 Meet Philip O'Connor: Capital Allowances Specialist

02:02 Understanding Capital Allowances

02:26 Types of Capital Allowances

04:15 Claiming Capital Allowances: Process and Benefits

08:11 Missed Opportunities and Retroactive Claims

13:32 Detailed Breakdown of Property Purchases

22:41 Client Case Study: Rental Properties

23:25 Analysing and Correcting Tax Claims

24:22 Significant Tax Savings for Clients

29:04 The Importance of Specialist Expertise

36:31 The Role of Revenue in Tax Claims

40:46 Encouraging Property Owners to Claim Allowances


If you own an investment property, are developing or refurbishing a building, or have spent serious money on your business premises, you’re probably entitled to more tax relief than you think.

This episode could put money back in your pocket.


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https://askaboutwealth.ie/MasteringYourFinances


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