Dwelling House CAT Relief

[60watt]

Hi,

If you inherit a house, you can be exempt from paying CAT if you meet the Dwelling House Relief rules.

One of these rules states:
"The recipient has been living in the home for the 3 years immediately proceeding the transfer"

What if the recipient was 4 months short, is there any chance revenue would be lenient?

Thanks.

 

[T McGibney]

Revenue generally don't do lenient when it comes to capital taxes reliefs and exemptions.

It might be worth your while getting legal or other professional advice in case there's a possible workaround.