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Gift Tax _General query

  • 23-01-2014 12:28pm
    #1
    Registered Users, Registered Users 2 Posts: 45


    Does anyone know roughly how much it costs to do a Gift Tax return? Do professionals generally charge a fee which is a percentage of the asset transferred?

    Thanks :)


Comments

  • Registered Users, Registered Users 2 Posts: 535 ✭✭✭dogsears


    Does anyone know roughly how much it costs to do a Gift Tax return? Do professionals generally charge a fee which is a percentage of the asset transferred?

    Thanks :)

    No. Most accountants/tax advisers charge based on time and hourly rates, so the cost will depend on how complex the situation is - gift tax can be complex though it might not be in your case.

    Suggest you call a couple of local firms - you may need to provide some background so they can get a feel for the likely time required - but you won't be under any obligation till you're ready.


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