Capital Acquistions Tax (Inheritance and Gift Tax)
Tax thresholds
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From 14 October 2015: €280,000
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From 12 October 2016: €310,000
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From 10 October 2018: €320,000
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From 9 October 2019: €335,000
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From 2 October 2024: €400,000
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From 14 October 2015: €30,150
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From 12 October 2016: €32,500
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From 2 October 2024: €40,000
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From 14 October 2015: €15,075
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From 12 October 2016: €16,250
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From 2 October 2024: €20,000
*ln the case of an absolute inheritance, a parent falls into Group A
Base date for aggregation of gifts/inheritances taken after 5 December 2001: 5 December 1991. From 1 December 1999, aggregation is limited to aggregation within each group. From 26 March 1984 to 30 November 1999, aggregation arises between all group thresholds.
Rate of tax
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Threshold amount: Nil
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Balance above threshold amount: 33% on gifts/inheritances taken on or after 6 December 2012. 30% on gifts/inheritances taken on or after 7 December 2011 and prior to 5 December 2012
Small Gifts Exemption = €3,000 per individual