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Probate Tax

  1. Overview
  2. When is Probate Tax payable?
  3. Thresholds
  4. Marginal Relief
  5. What exemptions and deductions are allowed?
  6. Relief for spouses
  7. Property not liable to Probate Tax
  8. Who is liable for payment of Probate Tax?

Marginal Relief

Marginal Relief applies where a death occurred on or after 1 December 1999. Where the taxable value of an estate is below €51,827, the tax due will be the excess of the value of the estate above €50,790. In the case of an estate with a taxable value of €51,000, the tax due will be €210 (instead of €1,020, that is 2% of €51,000).

  • Example

    Kate died on 25 September 2000 leaving an estate valued at €51,000.

    Tax due on Kate's estate
      Amounts
    Estate value €51,000
    Threshold (2000) €50,790
    Excess tax due €210

    Marginal Relief is due here as it is within the limit of €51,826 (that is €50,790 divided by 0.98).

    This limit is calculated as follows: Relevant threshold divided by 0.98.

Next: What exemptions and deductions are allowed?

Published: 14 May 2024 Print this page

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