Monday February 17, 2020

How to cut your inheritance tax

Capital acquisitions tax (CAT) thresholds are very low, but could change in the upcoming budget

4th October, 2015
PIcture: iStock

You must make a tax return if the total value of gifts and inheritances you have received in one of the groups below, since December 5, 1991, is more than 80 per cent of the tax-free threshold for that group:

■ Group A (son/daughter) €225,000

■ Group B (parent/brother/dister/niece/nephew/grandchild) €30,150

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