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Gift Tax - CAT

  • 21-04-2011 11:13am
    #1
    user1842
    Registered Users, Registered Users 2 Posts: 1,114 ✭✭✭


    How much money can I give my parents without paying tax.

    I cant find any info on the revenue website, it says Parent -> Child, not Child -> Parent.

    Please say its not €3000


Comments

  • #2
    nompere
    Registered Users, Registered Users 2 Posts: 1,678 ✭✭✭nompere


    It's generally Group B - currently €33,208. If the parent inherits from a child then, subject to certain conditions, it's Group A - €332,084.


  • #3
    user1842
    Registered Users, Registered Users 2 Posts: 1,114 ✭✭✭user1842


    nompere wrote: »
    It's generally Group B - currently €33,208. If the parent inherits from a child then, subject to certain conditions, it's Group A - €332,084.

    Cheers what's the current rate?


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