Does this mean the most I can give her this year is €3000?
As I understand it loans to be repaid in full with interest are of no concern to Revenue, whether private or not.
However, if the loan is interest free, then there could be an element of Gift involved, i.e the value of the interest that would have been paid if the loan had been obtained from a bank.
I would imagine it will be paid back within 2 years, most likely in one lump sum. I would like to give her an interest free loan of course
I'm sure the value of the interest accrued in 2 years would be much less than the gift tax threshold, in this case would I need to inform the tax office of the loan at all?
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