Capital Acquisitions Tax

Capital Acquisitions Tax (CAT) is a tax on gifts and inheritances. It is payable in Ireland by the beneficiary of the gift or inheritance. CAT is payable where a gift or inheritance is taken by or from an individual who is tax resident in Ireland (with some exceptions) or where the gift or inheritance relates to an Irish asset (such as land).

There are tax free thresholds which depend on the relationship between the parties to the gift or inheritance.

Personal Tax Solutions can assist with all aspects of CAT including: calculation of CAT on gifts and inheritances; planning and review of wills (pre-death); filing of CAT returns; availability of relevant reliefs and exemptions.