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The Irish gift and inheritance tax free amounts (thresholds) have remained constant in recent years except for the child category (A) and the tax rate has remained at 33%.
If you fail to plan the default legislation rules apply and your property may go to people you did not wish to inherit it and decisions may be made for you that you would not have made.
Did you receive a gift or inheritance since 1 September 2014? Have you complied with your CAT pay and file obligations?
The Irish gift and inheritance tax free amounts (thresholds) have been reduced and the tax rate has been increased in recent years.
The Irish gift and inheritance tax free amounts have been reduced and the tax rate has been increased in recent years.
The Revenue Commissioners have issued an e-brief providing some guidance on how it will treat debt forgiveness by financial institutions for Capital Acquisition Tax purposes.
Since 6 December 2012 the Irish gift and inheritance tax free amounts have been reduced and the tax rate has been increased.
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