Small Gift Exemption
You may receive a gift up to the value of €3,000 from any person in any calendar year without having to pay Capital Acquisitions Tax (CAT). This means that you may take a gift from several people in the same calendar year and the first €3,000 from each disponer is exempt from CAT.
Gifts within this limit are not taken into account in computing tax and are not included for aggregation purposes.
This small gift exemption applies only to gifts and not to inheritances.