Gift and Inheritance Tax

In Ireland, the beneficiary is responsible for the tax and not on the estate. Currently, gifts and inheritances are liable to a Capital Acquisitions Tax rate of 33%.  Therefore, it is important to engage the services of a professional Tax Advisor to assist you in managing your estate in the most tax efficient manner possible.  Estate planning allows you to decide how you would like your assets to be distributed.  At Accounts Advice Centre, we provide a complete, comprehensive and up-to-date professional tax advisory and compliance service which include:

• Inter-generational wealth transfer planning.

• Advice on Trust Structures including Bare Trusts, Discretionary Trusts, etc.

• Cross Border Gift and Inheritance Tax advice and compliance.

• International Estate Planning.

• Succession Planning for personal and corporate assets.

• Gifting and Family Arrangements.

• Tax Compliance and Reporting including CAT filing within correct deadline dates and claiming CAT Exemptions.

• Disclaimers

• Reorganisation and transfer of family businesses

• Asset protection and asset structuring

• Handling Revenue Compliance Interventions.

As protecting family assets is a priority for most people, effective tax planning is essential. Our dedicated Our Capital Acquisitions Tax experts provide personalised guidance tailored to your specific needs and circumstances.  Our professional services include identifying potential tax exemptions and tax reliefs you might be eligible for.  To book an appointment, please contact us at queries@accountsadvicecentre.ie