Discussion in 'Wills, inheritances and gifts' started by Nutso, Dec 15, 2016.
If I give a loan to someone, can I write 3k per annum off the balance as a gift?
For anyone interested in the answer to this, this link seems to suggest that it's possible as long as loan interest is also applied to the balance.
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.
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