Capital Acquisitions Tax

Capital acquisitions tax (CAT) comprises principally gift and inheritance tax. This section provides information on the rate, annual exemption and tax free thresholds.

Rate

25%

Annual exemption

€3,000

 

 

Tax free thresholds for gifts and inheritances

Group

Relationship to disponer

1 January 2010 to
7 December 2010 

8 December 2010
onwards 

A

Son / Daughter

€414,799

€332,084

B

Parent* / Brother / Sister / Niece / 
Nephew / Grandchild

€41,481

€33,208

C

Relationship other than Group A or B

€20,740

€16,604

 

* In certain circumstances a parent taking an inheritance from a child can qualify for the Group A threshold