Inheritance tax

Discussion in 'Wills, inheritances and gifts' started by Mollster, Sep 15, 2018 at 2:55 PM.

  1. Mollster

    Mollster New Member

    Posts:
    2
    Hi

    My uncle left me land to the value of 95000 euro, do I have to pay inheritance tax on this and how do I calculate the CAT?

    Many thanks
     
  2. jpd

    jpd Frequent Poster

    Posts:
    1,426
    € 32,500 is tax-free. The balance 62,500 is taxed at 33% = € 20,625 assuming that you received no other inheritances from Cat B persons - uncles, aunts, nephews, nieces, brothers, sisters, grandparents, etc
     
  3. Gordon Gekko

    Gordon Gekko Frequent Poster

    Posts:
    3,097
    Is is agricultural land?
     
    Mary55555 and noproblem like this.