Inheritance Tax Threshold 2024 Ireland . As widely flagged, the category a threshold, which applies for inheritances from parents to their children, was increased by €65,000 from its current level to €335,000 to. You must pay 33% of the value of the inheritance over and above a lifetime exemption or threshold level.
I suspect you mean to leave the property to your godson and this also raises similar issues. The group a threshold for cat, which includes gifts or inheritance from parents to their children, will rise from €335,000 to €400,000.
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