The Bank Of Mam And Dad | Tax Rules Ireland

Tax Rules in Ireland

Frist-time buyers in Ireland have been struggling to get on the property ladder due to the housing crisis.
 
They have been restricted by Loan to Income rules as well as runaway inflation. This has led to many relying on relatives to help them stump up the price of their first home.
 
In this video I take a look at everything you need to know from a tax perspective when getting an interest free loan from a parent or other relative.
 
Credit to : The Head Startup