R River Registered User Messages 153 27 Feb 2007 #1 Hi All, My Mother has a loan out at the moment that I am going to pay an amount (15k) off. Is there any implications, tax or otherwise, that I should bear in mind before I do this? I was going to pay by cheque. Thanks, R
Hi All, My Mother has a loan out at the moment that I am going to pay an amount (15k) off. Is there any implications, tax or otherwise, that I should bear in mind before I do this? I was going to pay by cheque. Thanks, R
D davidoco Registered User Messages 985 27 Feb 2007 #2 As long as the parent hasn't received a gift/inheritance from anybody else in group B (see [broken link removed] ) you can give up to €49,682 without any CAT payable. So no. See this also [broken link removed] - note the figures are out of date
As long as the parent hasn't received a gift/inheritance from anybody else in group B (see [broken link removed] ) you can give up to €49,682 without any CAT payable. So no. See this also [broken link removed] - note the figures are out of date