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Cash gift from Ireland
amypanda
Posts: 1 Newbie
Hello,
I'm looking for some advice. I am in the process of buying my first home. My parents are helping out with the deposit by giving me £15,000. They are living in Ireland. I am Irish, but living and buying in UK.
Do I need to pay any tax on this? Or do I need to just declare it? Would I need to pay/declare this in Ireland or UK?
Thanks,
Amy
I'm looking for some advice. I am in the process of buying my first home. My parents are helping out with the deposit by giving me £15,000. They are living in Ireland. I am Irish, but living and buying in UK.
Do I need to pay any tax on this? Or do I need to just declare it? Would I need to pay/declare this in Ireland or UK?
Thanks,
Amy
0
Comments
-
From a UK perspective, there's no tax or declaration to the tax authorities needed from your side. Don't know about Irish tax.0
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