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Gift and inheritance tax free thresholds

By Oliver Niland | October 10, 2018

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 Tax – Exempt thresholds

By Oliver Niland | September 12, 2018

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…

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