Brendan Burgess
Founder
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This is covered in today's Irish Times.
www.irishtimes.com
The [broken link removed] tightened the rules and now the only support parents are allowed offer adult children tax-free is the option of living in the family home, funding a child’s wedding costs (but not the honeymoon) and providing accommodation away from home rent-free to a child under the age of 25 in recognised full-time education.
Does this mean:
Child under 25 and in full time education: No CAT
Child under 25 but working: CAT
Child over 25 in full time education: CAT
Brendan
![www.irishtimes.com](https://www.irishtimes.com/resizer/Ra6mwh98sCyiMviFCej1yDqV_ic=/1200x630/filters:format(jpg):quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/irishtimes/OZWPCGMB5BUAZPU5YNUOIDRWNU.jpg)
‘How does Revenue view adults living rent-free in parents’ property?’
Q&A: ‘Our daughter is living in an apartment we own’
The [broken link removed] tightened the rules and now the only support parents are allowed offer adult children tax-free is the option of living in the family home, funding a child’s wedding costs (but not the honeymoon) and providing accommodation away from home rent-free to a child under the age of 25 in recognised full-time education.
Does this mean:
Child under 25 and in full time education: No CAT
Child under 25 but working: CAT
Child over 25 in full time education: CAT
Brendan