Exclusive guide by Alan Moore: How to pass on your assets
From making a will to maximising reliefs, there are many ways to avoid the pitfalls of inheritance
You must make a tax return if the total value of gifts and inheritances you have received in one of the groups A, B or C, since December 5, 1991, is more than 80 per cent of the tax-free threshold for that group:
● Group A (son/daughter) €280,000
● Group B (parent*/brother/sister/niece/nephew/grandchild) €30,150
● Group C (relationship other than A/B) €15,075
The tax rate is 33 per cent. You pay CAT by self-assessment ...
