CHANGES TO STATE PENSION (CONTRIBUTORY ) RULES

State Pension (Contributory) will be calculated differently from 31st March 2018. New Total Contributions Approach (TCA) for state pensions TCA means that a persons total social insurance contributions paid rather than when paid are taken into account when assessing heir entitlement to a state pension. State pension and HomeCaring credit A new HomeCaring Credit will … Read moreCHANGES TO STATE PENSION (CONTRIBUTORY ) RULES

STATE PENSION (CONTRIBUTORY) – ADULT DEPENDANT MEANS TEST

Once an individual becomes eligible for the State Pension (Contributory) they may apply for an adult dependant increase for a spouse or civil partner. To be eligible for the adult dependant increase your spouse or partner cannot have: gross weekly income of more than €310 a week. If their income is less than €100 a … Read moreSTATE PENSION (CONTRIBUTORY) – ADULT DEPENDANT MEANS TEST

AMENDMENTS TO CAPITAL ACQUISITIONS TAX TREATMENT OF RECEIPTS TO CHILDREN FROM THEIR PARENTS

  A child has a lifetime tax free threshold of €225,000 (as at 2015) in respect of gifts and inheritances taken from their parents. In addition the first €3,000 of gifts to a child in any year is exempt from CAT under the annual small gifts exemption. Section 82(2) of the Capital Acquisitions Tax Consolidation … Read moreAMENDMENTS TO CAPITAL ACQUISITIONS TAX TREATMENT OF RECEIPTS TO CHILDREN FROM THEIR PARENTS