Gift and Inheritance Tax (Capital Acquisitions Tax or CAT) applies to gifts and inheritances in Ireland:
- Thresholds depend on the relationship between giver and receiver. For 2025:
- Group A: €400,000 (e.g., parent to child)
- Group B: €40,000 (e.g., grandparent to grandchild)
- Group C: €20,000 (all other relationships)
- Tax Rate: 33% on the value above the threshold
- Exemptions: Gifts from a spouse or civil partner are exempt; Small Gift Exemption allows up to €3,000 annually without CAT.
