Finance & Irish taxes · Calculator companion · By K Imports
Gift & inheritance tax: practical guide
This guide explains how to use the Count.ie gift & inheritance tax. Calculate CAT using the group threshold and previous taxable benefits. Follow the inputs, method and worked example below, then compare your own scenario.
Guide written .
Open the Gift & inheritance tax calculatorWhat to prepare
- Find the relevant statement, payslip or transaction record rather than estimating from a bank balance.
- Identify the tax year, transaction date and whether each amount is gross, net, annual or monthly.
- Separate known facts from assumed rates and check eligibility against the linked official sources.
Understand the inputs
- Relationship group
Options: Group A; Group B; Group C.
- Benefit type
Options: Inheritance; Gift.
- Date of gift or inheritance
- The gift date is normally when received; the inheritance date is usually the date of death. This is not the valuation/pay-and-file date. Supported dated benefits: 2 October 2024–31 December 2027.
The calculation method
The benefit date selects the applicable group threshold. The new chargeable benefit uses the threshold remaining after aggregated previous taxable benefits; excess is taxed at 33%.
Worked example
Illustrative inputs and their result.
Example inputs
- Current benefit (€)
- 450000
- Relationship group
- Group A
- Previous taxable benefits in this group (€)
- 0
- Benefit type
- Inheritance
- Date of gift or inheritance
- 2026-10-08
- This donor’s annual €3,000 gift exemption used (€)
- 0
- Gift / inheritance from spouse or civil partner
- No
Calculated example result
- Capital Acquisitions Tax
- €9,900.00
- Net Benefit
- €440,100.00
How to interpret the result
Distinguish a tax saving, a tax bill, cash received and money remaining: they are not interchangeable. An estimate does not establish eligibility, filing compliance or when a refund will be paid.
Compare the same income or transaction under one changed assumption at a time. Keep a record of the year, date and assumptions so a change in the result can be explained.
Common mistakes to avoid
- Do not mix tax years or apply a newly announced measure to an earlier transaction.
- Avoid counting an allowance, credit, contribution or loss twice.
- Check exclusions and personal circumstances before relying on the headline result.
Assumptions and sources
Revenue thresholds: A €420,000 / B €44,000 / C €22,000 from 7 October 2026; €400,000 / €40,000 / €20,000 from 2 October 2024 through 6 October 2026. Group eligibility, valuation dates and business, agricultural or dwelling-house relief require separate confirmation.
Rules checked . Baseline rules year: 2026. Reviewed scope: Revenue's 7 October 2026 operational table: €420,000 / €44,000 / €22,000 from that benefit date; €400,000 / €40,000 / €20,000 from 2 October 2024 through 6 October 2026. Standard rate 33%. Relationship, aggregation and relief eligibility require confirmation.. This does not verify every selectable year, date or Budget announcement profile.
Sources and further information
If your case falls outside this scope, use a more suitable calculator or contact us about an unclear method.