confused12
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Hi all, I'm resident in Australia for tax purposes. I'm no longer ordinarily resident in Ireland.
If my uncle, in Ireland, wishes to gift me 50k, am I liable to tax? The threshold is 32.5k for uncles. The money would be coming from Ireland.
From an Australian perspective, such gifts aren't taxed. I'm wondering about the Irish side of things. Would it matter if it went to my Irish or Australian account?
If my uncle, in Ireland, wishes to gift me 50k, am I liable to tax? The threshold is 32.5k for uncles. The money would be coming from Ireland.
From an Australian perspective, such gifts aren't taxed. I'm wondering about the Irish side of things. Would it matter if it went to my Irish or Australian account?