Increase of property price after settling CAT bill

Hi there,

I have a question regarding the inheritance of a property and payment of CAT, the scenario is as follows

A niece inherited a property from her aunt in 2019 and house value at the time was 600k, niece paid Revenue the appropriate amount of CAT (33% of value minus allowable threshold ). Now fast forward to 2022 the value of property is approx €800,000 as the niece had done quite a bit of work to improve the house and also taking into account the increase in property value since 2019. Niece is now considering selling the property.

Question is, will Revenue seek a payment of further tax based on the increase in value if the niece proceeds to sell the house?

Thank you for any input

If she lived in the house, there's no CGT on sale.

If she didn't live in the house, CGT applies.

Protocol said:

If she lived in the house, there's no CGT on sale.

If she didn't live in the house, CGT applies.

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Thanks very much for your response, yes she has lived in the house and it is her only home, thanks again