Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Gift Tax Question

  • 27-04-2006 7:39pm
    #1
    RintPete
    Registered Users, Registered Users 2 Posts: 96 ✭✭


    Hello

    Maybe someone can answer this.

    What is the maximum amount of Cash a person may recieve as a gift from a Parent before having to pay tax.

    I have checked Revenue.ie but could only find information relative to property.

    Thanks.


Comments

  • #2
    gerrycollins
    Registered Users, Registered Users 2 Posts: 1,799 ✭✭✭gerrycollins


    RintPete wrote:
    Hello

    Maybe someone can answer this.

    What is the maximum amount of Cash a person may recieve as a gift from a Parent before having to pay tax.

    I have checked Revenue.ie but could only find information relative to property.

    Thanks.
    i think the value is €400k or something like that or is that property value they can pass over without tax!!?Remember when the euro lotto was won figures like that were doin the rounds


  • #3
    20LEgend
    Closed Accounts Posts: 87 ✭✭20LEgend


    Son/Daughter can receive € 478,155 from their parents (this is a lifetime
    limit) without being liable to CAT.


  • #4
    RintPete
    Registered Users, Registered Users 2 Posts: 96 ✭✭RintPete


    20LEgend wrote:
    Son/Daughter can receive € 478,155 from their parents (this is a lifetime
    limit) without being liable to CAT.


    This is pretty clear.
    Many thanks...


Advertisement