Transferring a bank account

Hi People,

Does anybody know if i transfer a bank account from me to a member of my family will i be eligible for tax?

Thanks

If the transfer essentially amounts to a gift of money greater than €1250, then it might be liable to CAT (Gift Tax)

if it is a loan are you eligible for tax?

Transferring an account does not create a liability for tax - but the circumstances surrounding it could create a tax liability.

Example:- If you take over a loan account and pay it off on behalf of someone else without getting full value in return, the person from which you took over the loan may be liable for CAT