Proof of Australian Inheritance Needed?

A

auzirish

Guest
Hi all,

I'm an Australian living in ireland. My granadmother in australia died recently, and left me AUD$30,000, currently valued at about E15,000.

I'm planning on bring it over here to help out.

All Australian Inheritance Tax is paid properly, and from looking over the Links posted in other areas in this site (and in revenue.ie), it would appear that i wouldn't be required to pay any inheritance tax in Ireland, as the amount is well under the tax free amount.

My first question would be, am i correct about the tax free amount in ireland?

Then another is, will i need some sort of documentation stating that this is Inheritance form Australia, to explain why there is suddenly 15,000 deposited in my account?

I'd hate to think that down the line i find out i needed to explain this, and now i need to pay tax on what is seen as income, or other...

I'm aware i should probably speak to a professional any way, but any advice from the forum would be great!

cheers.
 
The Threshold in Ireland are for lifetime gifts/inheritance, so it is important to understand did you recieve any prior gifts/inheritance and from whom in order to determine your tax position.
 
thanks for getting back, I haven't received any other gifts/inheritance ever before, from any one...
 
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