Revenue eBrief No. 008/25
07 January 2024
Capital Acquisitions Tax Manual Part 26 – Reporting requirement in relation to gifts in respect of certain loans
Capital Acquisitions Tax Manual Part 26: Reporting requirement in relation to gifts in respect of certain loansCAT – Part 26 provides guidance on the reporting requirement in relation to deemed gifts arising on certain family loans.
The manual has been updated as follows:
- The manual has been updated throughout to reflect Finance Act 2024 amendments to section 46 CATCA 2003. Finance Act 2024 extended the reporting requirement, introduced by Finance (No.2) Act 2023, to include certain low-interest loans with effect from 1 January 2025.
- The illustrative examples have been updated to reflect the reporting requirements in respect of certain low-interest loans with effect from 1 January 2025.