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Category: gift tax

Gift and inheritance tax free thresholds

Gift and inheritance tax free thresholds

New Gift and inheritance tax free thresholds as and from 10th October 2018 Group A: A son or daughter of the person giving the gift or inheritance now is €320,000 ( was €310,000) Group B: A parent, brother, sister, niece, nephew, grandparent, grandchild, lineal ancestor or a lineal descendant of the person who is giving inheritance or…

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Gift / inheritance tax

Gift / inheritance tax

Gift or inheritance tax free thresholds The thresholds are broken down into 3 groups as follows: Group A: A son or daughter of the person giving the gift or inheritance = €310,000 Group B: A parent, brother, sister, niece, nephew, grandparent, grandchild, lineal ancestor or a lineal descendant of the giving the gift or inheritance = €32,500…

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