Gift and Inheritance Tax (Capital Acquisitions Tax – CAT)

What do you pay CAT on?

Items regarded as a gift or inheritance include:

  • cash
  • jewellery or a car
  • house or lands
  • stocks and shares
  • the free use of a house for life
  • an interest free loan.

You may also have to pay discretionary trust tax on property held in discretionary trusts.

Next: What do you not pay CAT on?