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Cash gift

yourdeadwright · 2021-09-20 11:47:38

Do you have to declare a gift of 10 grand from a parent ? Long story short my sister has been amazing to my parents for the last decade 7 my mother wants to thank her with a gift of 10 grand , Is there anything my sister has to do in regards of declaring the cash gift ,

20-09-2021 11:47am

#1

yourdeadwright

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Do you have to declare a gift of 10 grand from a parent ?
Long story short my sister has been amazing to my parents for the last decade 7 my mother wants to thank her with a gift of 10 grand , Is there anything my sister has to do in regards of declaring the cash gift ,

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Comments

#2 20-09-2021 9:22pm

Geuze

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No.
https://www.revenue.ie/en/gains-gifts-and-inheritance/cat-thresholds-rates-and-aggregation-rules/index.aspx

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#3 21-09-2021 10:25am

yourdeadwright

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https://www.boards.ie/discussion/comment/117917536#Comment_117917536

Oh ok so she only has to do it when she exceeds 80% of her CAT allowance

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