person holding pen

Capital Acquisitions Tax

The thresholds for CAT are set out below. The CAT rate remains at 33% effective from 06 December 2012.

Group Beneficiary
Group A - €320,000 Child, in certain circumstances a parent
Group B - €32,500 Brother, sister, niece , nephew etc
Group C - €16,250 All other cases

The Group A (primarily from parents to their children) threshold will increase from €310,000 to €320,000 with effect from 10 October 2018. No changes to Groups B & C.

 

Hall Street, Kingscourt, Co. Cavan.
Tel: 042 966 5153 | Fax: 042 966 5909

Main Street, Bailieborough, Co. Cavan.
Tel: 042 966 5153 | Fax: 042 966 5909

Chartered Accountants
Registered Auditors
Chartered Tax Advisors
Insolvency Practitioners