While €3,000 may not seem like a life-changing sum in itself, paid annually to each child and even grandchild where finances allow, it is a way of limiting exposure by them ultimately to inheritance tax. Photograph: Joe St Leger

You frequently mention the annual small gift exemption of €3,000 being payable without tax implications to children of a marriage. Does this payment h(...)

There is no upper limit on how much anyone can receive in a given tax year under the exemption – only that no more than €3,000 comes from any one person.

Regarding the €3,000 threshold a year to a family member – in this case a child – does that mean, that a father can give this amount to a child and th(...)

Since 2014, people who pay PAYE have had to  pay PRSI on income – such as rental income, dividends, bank interest, etc – that previously had been outside the PAYE net.

I have been a PAYE employee since 1976. In 2004, I purchased an apartment, in an attempt to fund a pension as I had no pension from my employer. I mad(...)

A wedding gift, by any reasonable interpretation, would seem to be a gift to both parties. Photograph: iStock

I recall that, in the past, you outlined the matter of a certain level of expenditure on a wedding gift being exempt from capital acquisitions tax (CA(...)

“There is nothing to stop either or both parents gifting up to €3,000 to each child in any calendar year.” Photograph: Alan Betson/The Irish Times

I know you have written about small gift exemptions in the past, but I would be grateful if you could clarify something. As parents of three adult ch(...)

Mortgage debt is, for most of us, the cheapest money we will ever borrow. Photograph: Rui Vieira/PA Wire

I am only beginning to get a grip on my finances at the ripe old age of 57 with potentially eight more years of working life to go. I am single with n(...)

A reader says Permanent TSB told him he could open a sterling account only for deposits. Photograph: Alan Betson

I expect to receive a small UK state pension in respect of a few years working in London in the 1970s. With sterling’s fall against the euro following(...)

Would it be advisable to pay off my mortgage with money built up in my pension pot?  Photograph: Yui Mok/PA Wire

I am 47 years old and have already built up a considerable DC pension pot of around €830,000, fully invested in equities, of which 73 per cent is by w(...)

If investing in upgrading, refurbishing or redecorating your home is what you wish to do, the ARFs allow you the flexibility to do so

We are a retired couple with three ARFs with a total value, as of the end of last year, of €48,392.51. We are thinking of encashing them and spending (...)

Dividend income, under Irish tax law, is simply another form of income

I have recently started investing in the stock market. I own several shares in the FTSE 100 and have a couple of holdings on the Irish Stock Exchange.(...)

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