Money Maximising Advisors Limited

  Looking for a smart way to reduce  gift tax in Ireland  and protect your legacy? 💡 In this video, we explain how the  Section 73 Policy Savings Plan  works, helping high-net-worth parents and grandparents pass on wealth more tax efficiently. With this Revenue-approved plan, you can: ✅ Reduce future  gift tax liabilities by up to 33% ✅ Ensure more of your wealth stays in your family ✅ Protect the full value of your legacy ✅ Plan ahead for Capital Acquisition Tax (CAT) In this video, you’ll learn: 🔹 What the Section 73 Policy Savings Plan is 🔹 How it reduces  gift tax in Ireland 🔹 Why it’s ideal for parents & grandparents 🔹 Steps to set up a Revenue-approved plan Why choose Section 73 Policy? You’ve worked hard to build your wealth. The big question:  How do you pass it on to the next generation without a huge tax bill? The  Section 73 Savings Plan  allows you to transfer wealth tax efficiently during your lifetime, using a comp...

Gift tax in Ireland can appear daunting, but understanding it is essential for anyone giving or receiving substantial gifts. Whether you are passing on family heirlooms, helping a first-time buyer in Ireland, or simply showing your love through a generous present, knowing how Irish gift tax and inheritance tax work will help you avoid costly surprises. In this guide, we’ll explore everything from the difference between gift tax in Ireland and inheritance tax Ireland to exemptions, thresholds, and inheritance tax savings plans designed to protect your wealth. Understanding the Difference Between Gift Tax and Inheritance Tax Gift tax applies when assets are transferred while the giver is alive, whereas Irish inheritance tax applies when assets are passed on after death. Both are part of Ireland’s Capital Acquisitions Tax system but have different triggers and exemptions. Inheritance tax gifts may qualify for reliefs under certain conditions, and strategic inheritance tax planning...

The Small Gift Exemption Savings Plan allows individuals to transfer up to €3,000 annually to a child or other beneficiary without triggering Capital Acquisitions Tax (CAT) . This structured approach to gifting helps accumulate wealth for loved ones while staying within tax-free limits. Key Benefits Tax-Free Gifting : Up to €3,000 per year per donor without CAT implications. No Impact on Lifetime Exemptions : Does not reduce the beneficiary’s lifetime inheritance/gift tax thresholds. Flexible Contributions : Make monthly or annual contributions with the option to pause or stop anytime. Compounded Investment Returns : Contributions are invested and may benefit from long-term growth. Tax-Free Investment Growth : All future returns are exempt from CAT. Ownership Transfers Immediately : Once contributed, the funds belong to the beneficiary and cannot be reclaimed. Eligibility : Available for both under 18 and over 18 beneficiaries (terms may differ slightly). Ty...