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Thanks Joe_90 and Easel According to the Irish Times article, the yearly parent-child gift can exceed €3,000 per person and it still doesn't affect liability or reporting to revenue providing the 80% reporting rule is followed: Quote: "I can’t imagine who might have told you that you would...

This article in the Irish times.. "Grappling with confusion over tax on gifts from parents" (not permitted to post link but easy find with google) ..says that the child receiving the gift need only notify revenue when the sum total of gifts reaches or exceed 80% of the threshold (currently...

Hello! I'd appreciate any advise on the following simplified situation: Jack and Jill (unmarried) are buying a house together for €200,000 Each will contribute €100,000 cash. Jill has the cash in bank but Jack has to extract the cash from investments and is dealing with potential delays...