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Starting a new business - Start your own business - Oliver Niland Chartered Accountant  & Tax Specialist Galway Ireland

Tag: CAT

CAT Group Thresholds

CAT Group Thresholds

CAT group Thresholds You do not have to pay tax on a gift or inheritance if its value is below a particular group threshold. The threshold you use depends on your relationship to the person who gave you the gift or inheritance. You must pay tax on any remaining value above that threshold. There are…

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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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