M Mollster Registered User Messages 2 15 Sep 2018 #1 Hi My uncle left me land to the value of 95000 euro, do I have to pay inheritance tax on this and how do I calculate the CAT? Many thanks
Hi My uncle left me land to the value of 95000 euro, do I have to pay inheritance tax on this and how do I calculate the CAT? Many thanks
J jpd Registered User Messages 4,207 15 Sep 2018 #2 € 32,500 is tax-free. The balance 62,500 is taxed at 33% = € 20,625 assuming that you received no other inheritances from Cat B persons - uncles, aunts, nephews, nieces, brothers, sisters, grandparents, etc
€ 32,500 is tax-free. The balance 62,500 is taxed at 33% = € 20,625 assuming that you received no other inheritances from Cat B persons - uncles, aunts, nephews, nieces, brothers, sisters, grandparents, etc