T tsb52 Registered User Messages 3 10 Apr 2010 #1 If someone give you a lump sum gift in one year which you have to pay tax on percentage of it . what happens when they give you a small gift in a different tax year under 3000 gift limit is any of it liable ?
If someone give you a lump sum gift in one year which you have to pay tax on percentage of it . what happens when they give you a small gift in a different tax year under 3000 gift limit is any of it liable ?
G Gervan Registered User Messages 1,161 10 Apr 2010 #2 It should be exempt, yes. You have a €3000 exemption per annum, from each and every donor.