D dishwasher Registered User Messages 87 6 Feb 2020 #1 I’ve received a gift from my mother (part of the proceeds of my late father’s estate). It is a sizeable sum but less than the parent to child gift / inheritance threshold. Do I need to report it to Revenue?
I’ve received a gift from my mother (part of the proceeds of my late father’s estate). It is a sizeable sum but less than the parent to child gift / inheritance threshold. Do I need to report it to Revenue?
R RedOnion Frequent Poster Messages 7,273 6 Feb 2020 #2 [broken link removed] "If the total value of your gifts and inheritances exceeds 80% of the relevant group threshold, you must file an IT38 return".
[broken link removed] "If the total value of your gifts and inheritances exceeds 80% of the relevant group threshold, you must file an IT38 return".