Small Gift Exemption Kildare, Ireland

Parents or grandparents can gift a child €3,000 per annum each. A savings plan set up correctly, can records these gifts. This is know as a small gift exemption.

You may receive a gift up to the value of €3,000 from any person in any calendar year without paying Capital Acquisitions Tax (CAT).

This means that you may take a gift from several people in the same calendar year and the first €3,000 from each disponer is exempt from CAT.

See below the following Small Gift Exemption Kildare threshold table.
Small Gift Exemption Threshold Table

Parents or grandparents can gift a child €3,000 per annum each. A savings plan set up correctly, can records these gifts. This is know as a small gift exemption.

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Frequently Asked Questions about Regular Saver Accounts

What is a Small Gift Exemption?
Parents or grandparents can gift a child €3,000 per annum each. A savings plan set up correctly, can records these gifts. This is know as a small gift exemption.