Revenue eBrief No. 171/25

CAT Manual restructure

To make it easier for our staff and our customers to identify the guidance they need when considering the correct CAT treatment of a gift or inheritance, the CAT Manual has been completely restructured. The old CAT Manual has been replaced by two new manuals – the CAT Administration Manual and the CAT Manual.

The new CAT Administration Manual contains the following five documents, which were contained in the old CAT Manual.

  • CAT Part 01 - Introduction to Capital Acquisitions Tax
  • CAT Part 02 - Statement of Affairs (Probate) Form SA.2
  • CAT Part 03 - The Self-Assessment Tax Return (Form IT38)
  • CAT Part 04 - Certificates of Discharge
  • Guide to Capital Acquisitions Tax Compliance Interventions

 No changes have been made to these documents.

The structure of the new CAT Manual, comprising 25 new documents, is aligned with the structure of the Capital Acquisitions Tax Consolidation Act 2003. The contents of these documents are taken directly from documents in the old CAT Manual, which are available to be viewed in Historic CAT Documents. Small changes have been made to some of the contents, to fit in with the structure of the new manual. For example, where appropriate, introductory text has been added to some of the contents, and cross-references have been updated. 

As part of the transition to the two new manuals, we will be updating links to the documents in the manuals over the coming weeks.

The below table lists the titles of the documents in the new CAT Manual and indicates the source of the guidance contained in each document.

New CAT Manual

Historic CAT Documents

Part 2 Gift Tax

 

Section 5: Gift deemed to be taken - Debt forgiveness arrangements

CAT – Part 19: Miscellaneous Issues (para. 19.19)

Sections 5 and 10: General right of residence

Part 25: Rights of residence (para. 25.1 and 25.3)

Section 8: Disponer in certain connected dispositions - Connected gifts

CAT – Part 19: Miscellaneous Issues (para. 19.14)

Part 03 - Inheritance Tax

 

Part 3: Chapter 1 Inheritance Tax - General

CAT – Part 06: Disclaimers of Benefits

CAT – Part 08: Valuation Date (para. 8.2.2)

CAT – Part 19: Miscellaneous Issues (para. 19.3, 19.11 and 19.16)

Part 3: Chapters 2 and 3 Discretionary Trust Tax

 CAT – Part 05: Discretionary Trust Tax

Part 04 - Value of Property for Tax

 

Section 27: Market value of certain shares in private companies

 CAT – Part 21: Valuation of Unquoted Shares

Section 28: Exclusive right of residence

 CAT – Part 25: Rights of Residence (para. 25.1 and 25.2)

Section 28: Taxable value of a taxable gift or inheritance

CAT – Part 19: Miscellaneous Issues (para. 19.1, 19.5 and 19.12)

Section 29: Contingencies affecting gifts or inheritances

CAT – Part 16: Contingencies Affecting Gifts or Inheritances

Section 30: Valuation date for tax purposes

 

 

CAT – Part 08: Valuation Date

CAT – Part 19: Miscellaneous Issues (para. 19.2)

CAT – Part 26: Reporting requirement in relation to gifts in respect of certain loans (para 5)

Part 05 - Provisions relating to Gifts and Inheritances

 

Section 36: Dispositions involving powers of appointment

 

CAT – Part 09: Powers of Appointment

Part 06 - Returns and Assessments

 

Section 46(4A): Requirement to report gifts in respect of certain loans

 

 

CAT – Part 19: Miscellaneous Issues (para. 19.13)

CAT – Part 26: Reporting requirement in relation to gifts in respect of certain loans

Part 07 - Payment and Recovery of Tax, Interest and Penalties

 

Section 51: Payment of tax and interest on tax

 

CAT – Part 19: Miscellaneous Issues (para. 19.18)

Part 09 - Exemptions

 

Part 9: Exemptions

 

CAT – Part 19: Miscellaneous Issues (para. 19.8 and 19.17)

CAT – Part 23: Exemptions from CAT (para. 23.1, 23.2, 23.3, 23.5, 23.6, 23.7, 23.8, 23.9, 23.10, 23.11, 23.13, 23.15, 23.18, 23.19)

Sections 72 - 73: Relief in respect of certain policies of insurance

CAT – Part 15: Insurance Policies

 

Section 82: Exemption of certain receipts

CAT – Part 23: Exemptions from CAT (para. 23.12)

Section 84: Exemption relating to qualifying expenses of incapacitated persons

CAT – Part 22: Exemption relating to qualifying expenses of incapacitated individuals

Section 86: Exemption relating to certain dwellings ("dwelling house exemption")

CAT – Part 24: Dwelling House Exemption

Section 87: Exemption of certain benefits ("freedom from tax")

CAT – Part 14: Gifts and inheritances taken free of tax

Part 10 - Reliefs

 

Part 10: Chapter 1 and Chapter 2A - Agricultural Relief

CAT – Part 11: Agricultural Relief

Part 10: Chapter 2 and Chapter 2A - Business Relief

CAT – Part 12: Business Relief

Section 104: Allowance for Capital Gains Tax on the same event

CAT – Part 13: Credit for Capital Gains Tax

CAT – Part 19: Miscellaneous Issues (para. 19.4 and 19.15)

Schedules

 

Sch. 1: Valuation of Limited interests - Parts 1 and 2

CAT – Part 07: Limited Interests

CAT – Part 19: Miscellaneous Issues (para. 19.21)

Sch. 2: Computation of Tax: Part 1 - Preliminary: Favourite nephew or niece relief

CAT – Part 19: Miscellaneous Issues (para. 19.7 and 19.10)

Sch. 2: Computation of tax: Part 1 - Preliminary

CAT – Part 10: Favourite Nephew/Niece Relief