Capital Acquisitions Tax (CAT) Ireland

CAT applies to the value of a gift or inheritance received by an individual. The tax rate is 33% as of 2024, but the amount of CAT an individual must pay depends on the value of the gift or inheritance they receive and the relationship between the person giving the gift (the donor) and the recipient.

Thresholds: The amount that can be received without incurring CAT tax depends on the relationship between the donor and the recipient. These thresholds are divided into three groups:

• • Group A: Children (including adopted children and stepchildren) – the threshold is €335,000.
  • Group B: Siblings, nieces, nephews, etc. – the threshold is €32,500.
  • Group C: All other relationships – the threshold is €16,250.

If the value of the gift or inheritance exceeds the threshold for the applicable group, the recipient must pay CAT at the rate of 33% on the amount over the threshold.