W Westgolf Registered User Messages 333 14 Apr 2008 #1 Hi everyone Does any one know where I can find info on gifting a once off sum to a parent,was on revenue.ie but couldn't find anything appropriate. thanks Westgolf
Hi everyone Does any one know where I can find info on gifting a once off sum to a parent,was on revenue.ie but couldn't find anything appropriate. thanks Westgolf
B Blinder Registered User Messages 253 14 Apr 2008 #2 There is some information [broken link removed] about the exemption limits
W Westgolf Registered User Messages 333 14 Apr 2008 #3 Thanks Blinder, spot on, that is a great starting point for resolving my query regards Westgolf
N Ned_ie Registered User Messages 450 16 Apr 2008 #4 Once off to parent is quiet low - the exemption limit is now about 52k plus the 3k small gift allowance. If the gift is more than that you should spread it out to avail of the 3k annual small gift exemption. Ned
Once off to parent is quiet low - the exemption limit is now about 52k plus the 3k small gift allowance. If the gift is more than that you should spread it out to avail of the 3k annual small gift exemption. Ned