Category: Savings

19 May

How can I best use the €3,000 small gifts exemption

The current rate at which Capital Acquisitions Tax (CAT) is charged is 33 %  and applies to a gift or an inheritance in excess of the thresholds. Capital Acquisitions Tax Thresholds for 2017 €310,000 (Group 1)- Child, or minor child of a deceased child. €32,500 (Group 2) – Brother, sister, child of a brother sister, lineal […]