M mcriot29 Registered User Messages 143 19 Mar 2011 #1 Hey what can we expect to happen in next budget in regard to gift tax its capped at 332 grand that a mother can give to her child what will it be say by 2012 could it go as low as 150 grand then anything over that amount taxed at maybe 30%
Hey what can we expect to happen in next budget in regard to gift tax its capped at 332 grand that a mother can give to her child what will it be say by 2012 could it go as low as 150 grand then anything over that amount taxed at maybe 30%
J Joe_90 Registered User Messages 2,222 19 Mar 2011 #2 Well, It was €542k at 20% at the start of 2009. The rate the Countrys finances are going its hard to say but a further reduction can't be ruled out.
Well, It was €542k at 20% at the start of 2009. The rate the Countrys finances are going its hard to say but a further reduction can't be ruled out.