Revenue has published a new Capital Acquisitions Tax (CAT) Strategy for 2018 to 2020.
We welcome the publication of the CAT strategy which aims to improve the management of CAT by improving service to support compliance and minimise interaction with compliant tax-payers. The improved services will help to increase customer awareness of Gift Tax and Inheritance Tax obligations.
All tax-payers should be aware of possible CAT liabilities and what they can do to reduce those costs when carrying out Estate planning.
Should you require any further information please contact us.