Loan / Gift

Discussion in 'Wills, inheritances and gifts' started by Nutso, Dec 15, 2016.

  1. Nutso

    Nutso Frequent Poster

    Posts:
    441
    If I give a loan to someone, can I write 3k per annum off the balance as a gift?

    Thanks
     
  2. Nutso

    Nutso Frequent Poster

    Posts:
    441
  3. john luc

    john luc Frequent Poster

    Posts:
    139
    I have considered this method as a way of reducing a future inheritance amount that could exceed the threshold when the time comes. A sum of €90K has being handed over so I plan to return €3K each calendar year.
     
    Nutso likes this.