Small Gift Exemption You may receive a gift up to the value of €3,000 from any person in any calendar year without having to pay Capital Acquisitions Tax (CAT). This means that you may take a gift from several people in the same calendar year and the first €3,000 from each disponer is exempt from CAT. This small gift…
Dwelling House Exemption If you receive a gift of a house on or after 25 December 2016, you will be exempt from gift tax if: You are a dependent relative of the person making the gift because you are: permanently and totally incapacitated due to a physical or intellectual disability, and you are unable to…
Small gift exemption There is an exemption for gifts (but not inheritances) of up to €3,000 taken by a person from any person in a calendar year. Any gifts within this limit are not taken into account in computing tax and are not included in any future aggregation. Where a gift exceeds this limit only…
