Hi,
My mother has offered to give me €20,000 to help me buy a house. I do have my deposit but I am €20,000 short for a particular house that I would really like to buy.
I have agreed to take the money on the understanding that it would be taken out of my inherritance to be fair to the rest of the family.
I have been told that if my mother gives me money for a house she will have to pay tax. Is that correct or does anyone have any information about this please.
Thanks
Delphi